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

Equinor aims to continue growing after 50 years in Northern Norway
Equinor is marking 50 years of operations in Northern Norway. After five decades of investment and value creation, the company is planning for high activity and growth in the region for many decades to come.

Announcement of cash dividend of 3.6041 NOK per share for fourth quarter 2025
The NOK cash dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 15 May 2026, in total seven business days.

Equinor and Aker BP to unlock more value on the Norwegian Continental Shelf
Equinor and Aker BP have agreed on a strategic collaboration aiming to increase future production and value creation across selected parts of their portfolios on the Norwegian Continental Shelf (NCS).