Tag: Barents Sea

New light oil discovery in the Barents Sea

Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminarily estimated at 20 65 million barrels of oil.

OMV announces oil discovery in Barents Sea

OMV, the oil and gas company, has found oil in the Barents Sea. The exploration success has been made in the exploration licenses PL 537 which was signed in 2009. OMV (Norge) AS, operator of exploration license PL 537, is about to complete drilling operations on wildcat well 7324/8-1, Wisting Central.