Equinor plans to fast-track a new commercially viable natural gas discovery in order to bring gas to Europe as early as this year.
Equinor announced on Monday a new commercially viable gas discovery near a producing field that can be brought online and deliver gas to Europe as early as this year. Equinor has made the gas discovery by the Gina Krog field in the North Sea. Despite the fact that the discovery is small, natural gas production can start as early as 2023, the Norwegian energy major said in a statement.
“The discovery will help extend the lifetime and strengthen the profitability of Gina Krog and is important for the entire Sleipner area,” said Camilla Salthe, senior vice president for field life extension in Equinor. “It will quickly bring new gas to Europe with good profitability and low CO2 emissions from production.” Last week, Equinor made an oil and gas discovery near Oseberg, one of the top fields offshore Norway, which could add additional resources to the field.
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