Equinor and its partners have made an oil discovery near the Johan Castberg field in the Barents Sea.The discovery was made in the Skrugard North Tubåen prospect by drilling a wildcat well 7220/5-EC-2 H, located around 6 kilometers north of…
Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the “Polynya Tubåen” prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
Equinor, Vår Energi and Petoro will invest around $395 million (NOK 4 billion) in the first discovery tied back to the Johan Castberg field in the Barents Sea.The decision comes eight months after Johan Castberg came on stream. Recoverable oil…
Oil and gas firms Equinor and Vår Energi have awarded Bristow a new, long-term contract for helicopter transportation and search and rescue (SAR) services for their Barents Sea assets.The new helicopter contract, with fixed period for three years and two one-year extension options…
Norwegian oil and gas firm Vår Energi has put the Balder Phase V project into production, while also completing of Åsgard Low Pressure Production Phase 3 (LPP3) scheme, bolstering its North Sea production.With the Åsgard LPP3 project start-up scheduled for December…
Equinor has found oil in an exploration well, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis structure on the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9-15 million barrels of oil…
Equinor’s Johan Castberg field, Norway's northernmost oil field in Barents Sea that came on stream earlier in 2025, was officially opened by the country’s top officials.Johan Castberg field will produce for at least 30 years, delivering 220…
Only three months after coming on stream, Equinor’s Johan Castberg field in Barents Sea has started producing at peak capacity of 220,000 barrels of oil per day.The field’s peak production achievement increases energy deliveries from the Barents Sea by 150%…
The Johan Castberg field is important to the further development of the Barents Sea, says the Norwegian Petroleum Directorate, as it will be producing oil for many years to come, and new discoveries can be incorporated.The Johan Castberg oil field came on stream in March…
Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg…
The Johan Castberg oil field in the Barents Sea came has come on stream, strengthening Norway’s role as a long-term energy exporter.The Arctic field came online on March 31, at 10.35 local time.Expected to be in production for 30 years, Johan Castberg can produce 220…
Vår Energi and Kistos Energy Norway have started production through Jotun floating production, storage and offloading (FPSO) unit at the Balder field in the North Sea.The production from Jotun FPSO marks the extension the life of the first production license…
Oslo-listed oil and gas firm Vaar Energi on Wednesday reported a lower-than-expected operating profit for the first quarter, but said it would maintain its dividend level as it prepares for a sharp rise in output in coming months.Vaar's earnings…
A new report has found that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.Equinor procured goods and services with a total value of $13…
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