Equinor ASA and Kuwait Foreign Petroleum Exploration Co. plan to develop a new natural gas field in the North Sea and extend the life of the Gina Krog field, with an eye to maintaining Norway’s position as Europe’s biggest supplier of the commodity.
Equinor and Kufpec aim to start producing from the Eirin natural gas field from the second half of 2025, unlocking an estimated 27.6 million barrels of oil equivalent in recoverable reserves,…