Equinor and partners ExxonMobil, Idemitsu 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. The find is estimated to be about 1 million barrels of oil, according to a press release from Equinor. The Norwegian company owns 45% of the 090 licence, with ExxonMobil holding 25%, and Idemitsu and Neptune 15% each.
Equinor and partners ExxonMobil, Idemitsu 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 said the find, in the Echino South prospect of production licence 090, contained the equivalent of between 38 million and 100 million barrels. The Norwegian company owns 45% of the 090 licence, with ExxonMobil holding 25%, and Idemitsu and Neptune 15% each.