Equinor, Var Energi Explore Tie-Back Policy for New Barents Sea Oil Find

Equinor ASA (EQNR) and Var Energi are evaluating the feasibility of tying back a recent oil discovery to the existing Goliat floating production, storage, and offloading (FPSO) unit in the Barents Sea. This decision came after the appraisal well 7122/8-2 S confirmed oil reserves in the Countach discovery area near the Goliat field, offering potential synergies with established infrastructure.The well, drilled by the COSL Prospector semi-submersible rig, encountered a 35-meter oil column in the Kobbe Formati ...