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Equinor Discovers New Gas in Norwegian Waters With Transocean Rig
WATWaters(WAT) ZACKS·2024-09-11 13:32

Equinor ASA (EQNR) , the Norwegian state-owned energy powerhouse, has made a significant gas and condensate discovery in the Norwegian Sea. This new find was achieved using Transocean Ltd's (RIG) semisubmersible rig, Spitsbergen, in production license 199 in the Haltenbanken Vest Unit. The discovery has not only strengthened Equinor's role in hydrocarbon exploration but also reinforced Norway's standing as a major gas producer. EQNR's Discovery: A Boost for Norwegian Gas Reserves Equinor, along with its par ...