Skip to site menu Skip to page content

Daily Newsletter

26 August 2025

Daily Newsletter

26 August 2025

Equinor and partners discover oil and gas in North Sea’s Fram area

The estimated resources range from 0.1 to 1.1mscm.

Rachana Saha August 26 2025

Equinor, along with its partners, has announced an oil and gas discovery in the Fram area of the North Sea.

The exploration well has unearthed petroleum in two distinct reservoirs, with one containing both oil and gas, and the other solely gas.

The estimated resources range from 0.1 to 1.1 million standard cubic metres (mscm), with reservoir properties rated from moderate to very good.

The preliminary name for the discovery, which was made around 9km north of the Troll field, is F-South.

Equinor Exploration & Production senior vice-president Geir Sørtveit said: "These are discoveries in an interesting area with a well-developed infrastructure.

“In recent years, we have made several discoveries in the neighbourhood, and we plan to further explore the area. We believe that we may encounter more, both oil and gas.”

The licensees, which include Equinor Energy at 45%, Vår Energi at 40% and INPEX Idemitsu Norge at 15%, are now evaluating options to connect F-South to existing or future infrastructure.

The well was drilled by the COSL Innovator rig and is situated in production licence 090, where other discoveries such as Echino South, Swisher and Blasto have been made since 2019.

Echino South and Blasto, in conjunction with two smaller finds, form the foundation for the Fram South development.

The development plan for this subsea project was submitted to authorities in June 2025.

Equinor Energy and its partners recently reported a substantial gas discovery in the Skred prospect of the Barents Sea.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close