September 18, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--An oil and gas discovery in the North Sea was confirmed by Norwegian energy company Equinor (NYSE:EQNR) (Stavanger), which said new production was imminent for the Johan Castberg Field in the Barents Sea.

The Norwegian Offshore Directorate, a national energy regulator, confirmed Tuesday that Equinor discovered oil and gas at two wildcat wells in the Gudrun Field in the North Sea. A wildcat well is one drilled in an area not previously known to yield hydrocarbons.