Equinor Makes Two Large Gas Discoveries in Norway’s North Sea

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Equinor made two significant gas discoveries in Norway's North Sea, with estimated recoverable reserves of 30-110 million barrels of oil equivalents, which can be developed through existing infrastructure.

Market Impact

Market impact analysis based on bullish sentiment with 66% confidence.

Sentiment
Bullish
AI Confidence
66%

Article Context

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Equinor announced on Friday two gas and condensate discoveries in the Norwegian part of the North Sea in its largest discoveries so far this year that can be developed through existing infrastructure. Equinor made the discoveries in the Lofn and Langemann wells in the Sleipner area of the North Sea, in a license located between the operating Gudrun and Eirin fields. Preliminary estimates indicate the reservoirs may contain between 30 and 110 million barrels of recoverable oil equivalents. “The Sleipner area is an important hub…

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Original article published by OilPrice.com on December 5, 2025.
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