Equinor makes oil, gas discovery near Fram field in North Sea

Equinor makes oil, gas discovery near Fram field in North Sea

July 02, 2025

Norwegian energy giant Equinor has made a significant oil and gas discovery near the Fram field in the North Sea. The discovery, made through an exploration campaign, is estimated to hold substantial resources, potentially boosting the company's production capacity and long-term prospects.

The discovery was made in the Fram area, which is part of the North Sea's extensive oil and gas reserves. Equinor has been actively exploring this region to increase its resource base and secure future production. The discovery marks a significant step towards achieving this goal.

The exploration campaign involved drilling multiple wells and collecting extensive reservoir data. The company highlighted that the discovery adds significant new volumes to the existing resource base, bringing it closer to its ambition of producing more than one billion barrels from the area.

Equinor's discovery near the Fram field is a testament to the company's commitment to exploring and developing Norway's extensive oil and gas resources. The discovery is expected to contribute to the company's production and help meet the growing demand for energy in Europe and beyond.

References:
[1] https://www.euro-petrole.com/news-equinor-en-3172-1
[2] https://www.energyconnects.com/news/oil/2025/august/aker-bp-announces-major-oil-discovery-in-norway-s-north-sea/