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Equinor Operated Johan Castberg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Johan Castberg Project Costs Rise First Oil Still on Track, Equinor Says

Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1…

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Vaar Energi maintains dividend after Q1 operating profit falls

Norwegian oil and gas firm Vaar Energi , majority owned by Italy's Eni , on Monday maintained its quarterly dividend payment at $270 million after the company's January to March operating profit fell from a year ago.

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Oil Discovery Near The Johan Castberg Field In The Barents Sea

Oil Discovery Near The Johan Castberg Field In The Barents Sea Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production licence 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic metres of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil. “Succeeding in the Barents Sea requires perseverance and a long-term perspective. This discovery strengthens our belief in the opportunities that exist, not least around the Castberg, Wisting, Snøhvit and Goliat areas,” says Nick Ashton, Equinor’s senior vice president for exploration in Norway.

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Equinor Announces New Oil Discovery in Barents Sea Near Johan Castberg Field – gCaptain

Equinor Announces New Oil Discovery in Barents Sea Near Johan Castberg Field – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

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Norway: Equinor announces oil discovery near the Johan Castberg field in the Barents Sea

Norway: Equinor announces oil discovery near the Johan Castberg field in the Barents Sea 10 Mar 2021 7220/7-4 in production licence PL 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic metres of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil. Succeeding in the Barents Sea requires perseverance and a long-term perspective. This discovery strengthens our belief in the opportunities that exist, not least around the Castberg, Wisting, Snøhvit and Goliat areas, says Nick Ashton, Equinor’s senior vice president for exploration in Norway. The well was drilled about 10 kms southwest from the well 7220/8-1 on the Johan Castberg field, and 210 kms northwest of Hammerfest.

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