Equinor strengthens its position in the northern North Sea

Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. Since 2019, Equinor has made seven discoveries in this area.
The transaction adds to Equinor’s equity share in the following discoveries: An additional 18.8% in Grosbeak, 45% in Toppand, 40% in Atlantis and 20% in Røver Nord and Røver Sør.

"With this transaction, we strengthen our position in one of our core areas on the Norwegian continental shelf. These discoveries can be put into production with low costs and low CO2 emissions by being connected to the suitable infrastructure in the area. Discoveries close to infrastructure are important for our ambition to maintain production at current levels from the NCS beyond 2030,” says Kjetil Hove, executive vice president for Exploration and Production Norway.
Although a mature part of the Norwegian continental shelf, the Troll and Fram area has emerged as an exploration hotspot over the last years, and Equinor has made a number of discoveries in this area, including Swisher, Toppand and Røver Nord and Sør.
Equinor has started field developments projects to coordinate the development of these discoveries in collaboration with partners.

Latest news

Energy Perspectives 2026 presents diverging pathways for global developments to 2050
Energy Perspectives 2026 explores how shifting geopolitical and economic dynamics shape long-term developments toward 2050. The analysis presents possible pathways, not predictions.

Election of shareholder representatives to the board of directors of Equinor ASA
The corporate assembly of Equinor ASA has on 8 June 2026 elected Jarle Roth as new chair of the board of directors of Equinor ASA.

Recommendation from the nomination committee of Equinor ASA
The nomination committee of Equinor ASA recommends that the company's corporate assembly elects Jarle Roth as new chair of the board of directors of Equinor ASA.