When the world’s top gas traders met in late April at a canal-side hotel on the outskirts of Amsterdam, the atmosphere was business-as-usual: coffee, croissants and wrangling over deals for the upcoming winter. Then came news of a leak at Europe’s biggest liquefied natural gas plant, located above the Arctic circle in Norway.
Equinor has made a commercially viable gas discovery near the Gina Krog field in the North Sea, with production to potentially start as early as this year.
Equinor, alongside partners Wintershall Dea and Petoro, have made a commercial gas discovery of up to 69.2 million barrels of oil equivalent (BOE) in the Norwegian North Sea.
Statoil will resume its use of the Songa Trym rig next year after a temporary suspension.
The company had issued a postponement period for a number of contracts due to higher costs and low profitability.
The Songa Trym is now expected to resume operations in January.