SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Norwegian oil discovery in the southern North Sea

The Norwegian oil company DNO has, together with its partner, discovered new oil in what is called the Othello prospect in the southern North Sea, according to the Norwegian authority Sokkeldirektoratet.

» Published: 02 December 2024

Norwegian oil discovery in the southern North Sea
Photo: Marit Hommedal AP/TT

The oil discovery was made with the help of a test drilling of a well and a so-called boundary well. The find is estimated to be 25-57 million barrels of oil equivalents and the licensed companies in the area will now evaluate a possible expansion of existing facilities in the large oil field where the test drilling took place.

DNO Norge has the operator's license, but the field also includes the companies Petoro, Aker BP and Source Energy as co-owners.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Neighbours and China Give Tough Response to Trump Tariffs
2 MIN READ

Neighbours and China Give Tough Response to Trump Tariffs

Trump has signed a decision on tariffs
1 MIN READ

Trump has signed a decision on tariffs

So Sweden can be hit by Trump's tariffs
3 MIN READ

So Sweden can be hit by Trump's tariffs

Tariffs to wait for after Trump's tariffs
2 MIN READ

Tariffs to wait for after Trump's tariffs

After the Wave of Violence – Anxiety Among Many Entrepreneurs
2 MIN READ

After the Wave of Violence – Anxiety Among Many Entrepreneurs

Now Trump imposes tariffs - EU may be next in line
2 MIN READ

Now Trump imposes tariffs - EU may be next in line

Altman on OpenAI: "On the wrong side of history"
1 MIN READ

Altman on OpenAI: "On the wrong side of history"

Down on Wall Street - but up in January
1 MIN READ

Down on Wall Street - but up in January

Trump threatens with tariffs on oil and chips
3 MIN READ

Trump threatens with tariffs on oil and chips

Google ends criticized news experiment
2 MIN READ

Google ends criticized news experiment

USA inflation stays put
1 MIN READ

USA inflation stays put

German Inflation Falls Unexpectedly
1 MIN READ

German Inflation Falls Unexpectedly

Coordinator: Establish a State Nuclear Power Company
1 MIN READ

Coordinator: Establish a State Nuclear Power Company

The State Sells Lernia
1 MIN READ

The State Sells Lernia

Japan is forced to tap into its reserves
1 MIN READ

Japan is forced to tap into its reserves

Brexit - a Swedish export success
3 MIN READ

Brexit - a Swedish export success

Autoliv Improves Profit
1 MIN READ

Autoliv Improves Profit

High electricity prices in Norway may increase your electricity prices
3 MIN READ

High electricity prices in Norway may increase your electricity prices

Court: Bank prohibited from charging unclear late fees
1 MIN READ

Court: Bank prohibited from charging unclear late fees

Multiple Countries Question Deepseek
1 MIN READ

Multiple Countries Question Deepseek