2023-07-10 18:20:19
Gas field – Norway
The Norwegian oil company “DNO” announced, on Monday, the discovery of natural gas in the Norwegian waters in the North Sea, which is qualified to be the most important in the country in ten years.
The company said in a statement that the gas and condensate field located at the Carmen site will contain between 120 and 230 million barrels of oil equivalent.
She indicated that if the average limit of this range (175 million barrels) is reached, this will be the largest discovery on the Norwegian continental shelf since 2013.
The CEO of the company, Bijan Muzaffar Rahmani, commented that the Carmen site indicates the existence of “important discoveries” that have not yet been revealed, stressing that the company will be “part of the next chapter in the oil and gas story in the country.”
Last year, Norway, for which hydrocarbon production was a major resource, became the largest supplier of natural gas in Europe instead of Russia, which became under sanctions following the outbreak of the Ukraine war.
And last month, the Norwegian government gave its approval to 19 oil and gas projects with a total value of more than 200 billion crowns (17 billion euros), a decision that angered environmentalists.
Norway supplies gas to Europe mainly through a network of undersea pipelines.
The Scandinavian country is a major source of oil, which is transported in part by pipes, and a supplier of electricity through long cables linking it to the continent.
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