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Equinor makes gas discovery in North Sea (updated)

UPDATE 1-Equinor makes gas discovery in North Sea

Adds details on size of discovery, quote, ownership in paragraphs 2-5

- Norway's Equinor EQNR.OL said on Thursday it has discovered gas at the Gullfaks South field in the North Sea, some 190 kilometres (118 miles) northwest of Bergen.

  • Between 0.5 million and 1.6 million standard cubic metres of recoverable oil equivalents have been discovered, Equinor said in a statement

  • This corresponds to between 3.3 million and 10.3 million barrels of oil equivalent

  • "These will be profitable barrels that can help maintain activity and production on the Gullfaks field," Equinor said in a statement

  • Equinor operates the field and holds a 51% stake, while Petoro holds 30% and OMV Norge the remaining 19%


(Reporting by Louise Rasmussen, editing by Terje Solsvik)

((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79;))

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