Vår Energi has discovered a third offshore oil reserve in the Goliat area of the Norwegian Continental Shelf as part of an exploratory collaboration with Equinor.

Norwegian oil and gas company Vår Energi has confirmed an oil discovery in the Zagato exploration well close to the Goliat field in the Barents Sea. The preliminary estimated gross recoverable ...

The preliminary estimated gross recoverable resources encountered in the well are between 15 million and 43 million barrels ...

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The Norwegian company believes the recoverable resources encountered in the well could be up to 43 million barrels of oil equivalent. The discovery is the third in a row made in the Goliat ridge in ...

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Kristian Johansen, CEO of TGS, commented, " The Goliat area is one of the hot spots in the Norwegian Barents Sea with significant drilling success and exciting new discoveries. We are very pleased ...

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Image by James Pintar via iStock Vår Energi ASA has discovered oil in the Zagato exploration well near the Goliat field in the Barents Sea. The preliminary estimated gross recoverable resources ...