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Equinor and Partners to Invest over $2 Billion in North Sea Project By Investing.com

Summary by Rigzone
Fram South, with estimated recoverable volumes of 116 million barrels of oil equivalent, will unlock new gas for Europe.

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This project comes at a crucial time, given that Norway has taken over the role of Europe's largest gas supplier in 2022, replacing Russia after the start of its invasion of Ukraine.

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UK Norway – 27/06/2026 – energysdelamer.eu. The announcement was made yesterday. Adura, the British joint venture formed by Shell and Equinor, is "to become the largest producer of oil and gas in the North Sea in the United Kingdom. This name is a wink to the solidity of Aberdeen (A) and the sustainability (dura) of the project. The joint venture, established in December 2024, plans to increase its production, which currently amounts to approxim…

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NRK broke the news in Norway on Thursday, June 26, 2025.
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