Neptune Energy’s partner and operator Equinor has discovered oil and gas near the Fram field in the Norwegian North Sea. ESTIMATES Neptune holds a 15% share in the discovery, which lies within the Equinor-operated Fram licence area. “Preliminary estimates of the size of the discovery are between 1.5 and 5.5 million standard cubic metres (Sm3) […]
Tag: Equinor Energy
Neptune welcomes opening of upgraded Njord field
Neptune Energy welcomed the official opening of the Njord field, following a major upgrade, in the Norwegian Sea. DEVELOPMENTS The company which holds 22.5% said Njord, operated by Equinor Energy, is expected to produce oil and gas for another 20 years. The Njord Area will provide Neptune with net production of 30,000 barrels of […]
Vermilion increases Corrib interest to 56.5%
Vermilion Energy Inc has increased its operated interest from 20 to 56.5% in the Corrib natural gas project 83km off the northwest coast of County Mayo, Ireland. LOW EMISSIONS The Canadian company said it was now the largest provider of domestic natural gas in Ireland following its completed US$434 million acquisition of Equinor Energy Ireland Ltd. […]