The oil price may not be what it once was, but it should still be possible to make a fine business out of the latest oil and gas discovery announced by Equinor today.
Between 6 and 25 million barrels of oil equivalents have been discovered by Norwegians in the field Ragnfrid Nord, which lies 20 kilometers south of the Kristin drilling platform in the Norwegian Sea. The new find is therefore relatively accessible and can be connected to existing infrastructure built in the area.
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