Norway’s energy giant Equinor has made one of this year’s biggest discoveries in the North Sea estimated to contain up to 100 million barrels of oil equivalent in the most mature area of the basin. “We are making one of this year’s biggest discoveries in the most mature area of the Norwegian continental shelf (NCS), not far from the Troll field. This demonstrates the opportunities that still exist for value creation and revenue from this industry,” Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK, said in a statement . Equinor expects to tie back the discovery to existing infrastructure in this mature area. Due to the proximity of existing infrastructure, the discovered resources can be recovered with good profitability and at low carbon dioxide (CO2) intensity, Ashton said. Last month, Equinor started up the giant oil field Johan Sverdrup in Norway’s North Sea, and […]