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Equinor Makes Oil Discovery At Massive Arctic Field

Summary by World News
Equinor has made an oil discovery near Johan Castberg, which could boost

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Equinor discovered between 9 and 15 million barrels of crude oil in the Barents Sea. Johan Castberg is consolidated as a key axis of oil expansion. Equinor has announced a new oil finding in the 7720/7-DD-1H exploration well, located in the Drivis structure of the Johan Castberg field, in the Barents Sea. The discovery, made in the Tubåen formation, is estimated preliminary between 9 and 15 million barrels of crude oil. The drilling was carried …

Equinor calls it good news. The head of an environmental organization calls it a death sentence.

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Rigzone broke the news in on Monday, June 30, 2025.
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