Equinor and partners ExxonMobil , BP and Neptune have reported an oil and gas discovery near the Norwegian North Sea ’s Fram field , operated by Equinor , using the Deepsea Atlantic drilling rig . Equinor estimates the find , in the Echino South area of exploration licence 090 , is the equivalent of between 38 million and 100 million barrels . This demonstrates the opportunities that still exist for value creation and revenue from this industry.” The Norwegian company owns 75 % of the 090 licence , with BP holding 25 % , and Idemitsu and Neptune 15 % each .
Equinor and partners ExxonMobil , BP and Neptune have reported an oil and gas discovery near the Norwegian North Sea ’s Fram field , operated by Equinor , using the Deepsea Atlantic drilling rig . Equinor estimates the find , in the Echino South area of exploration licence 090 , is the equivalent of between 38 million and 100 million barrels . The Norwegian company owns 75 % of the 090 licence , with BP holding 25 % , and Idemitsu and Neptune 15 % each .