#Latest news with #KjottkakeReuters28-03-2025BusinessReutersDNO makes North Sea gas and oil discoverySTOCKHOLM, March 28 (Reuters) - Norwegian oil and gas operator DNO ( opens new tab and its partners have made an oil and gas discovery in the "Kjottkake" prospect in the North Sea, the Norwegian Offshore Directorate said on Friday. The authority said preliminary calculations indicate that the discovery holds recoverable reserves of between 38.4 and 74.2 million barrels of oil equivalent. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. "The licensees will consider a potential development and further follow-up of the discovery alongside other discoveries and prospects in the vicinity," it said in a statement. DNO holds a 40% stake in the exploration permit while Aker BP ( opens new tab holds 30% and Japex Norway and Concedo each hold 15%.
Reuters28-03-2025BusinessReutersDNO makes North Sea gas and oil discoverySTOCKHOLM, March 28 (Reuters) - Norwegian oil and gas operator DNO ( opens new tab and its partners have made an oil and gas discovery in the "Kjottkake" prospect in the North Sea, the Norwegian Offshore Directorate said on Friday. The authority said preliminary calculations indicate that the discovery holds recoverable reserves of between 38.4 and 74.2 million barrels of oil equivalent. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. "The licensees will consider a potential development and further follow-up of the discovery alongside other discoveries and prospects in the vicinity," it said in a statement. DNO holds a 40% stake in the exploration permit while Aker BP ( opens new tab holds 30% and Japex Norway and Concedo each hold 15%.
28-03-2025
