The Norwegian oil operator Aker BP and its partners have announced a significant oil discovery that will expand the resources of their Yggdrasil field in the North Sea, reports Baltimore Chronicle with reference to Reuters.
According to the company’s statement, the results of the Omega Alfa exploration campaign indicate reserves that could be extracted in a range between 96 million and 134 million barrels of oil equivalent. Aker BP’s CEO, Karl Johnny Hersvik, highlighted that Omega Alfa is one of the largest commercial discoveries in Norway in the past decade and promised to seek further opportunities to expand resources in the area.
The discovery was made on three separate licenses. On two of them, Aker BP holds a 47.7% stake, Equinor (EQNR.OL) holds 40%, and the Polish company Orlen (PKN.WA) holds 12.3%. On the third license, Aker BP holds 38.16%, Equinor holds 32%, Petoro holds 20%, and Orlen holds 9.84%.
Earlier we wrote that U.S. increases tariffs on indian goods linked to russian oil imports.
