---
title: "Equinor makes oil, gas find in the North Sea"
description: "Norway's Equinor EQNR.OL has discovered oil and gas in the so-called Granat prospect in the North Sea, some 190 kilometres (118.06 miles) northwest of Bergen, the Norwegian offshore directorate said on Monday."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "World"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2026-02-16-equinor-makes-oil-gas-find-in-the-north-sea/"
published: "2026-02-16T12:00:15"
lang: "en-ZA"
word_count: 90
---

# Equinor makes oil, gas find in the North Sea

> Norway's Equinor EQNR.OL has discovered oil and gas in the so-called Granat prospect in the North Sea, some 190 kilometres (118.06 miles) northwest of Bergen, the Norwegian offshore directorate said on Monday.

By Reuters · Published 16 February 2026, 14:00 SAST

## Content

Preliminary estimates indicated a discovery of between 0.2 million and 0.6 million standard cubic metres of recoverable oil equivalent, the directorate said.

This corresponds to about 1.3-3.8 million barrels of oil equivalent, according to the directorate.

Equinor is the operator and owns 51% of the permit, while Norwegian state-owned oil company Petoro holds 30% and OMV Norge the remaining 19%.

The licensees are considering tying the discovery in the prospect back to existing infrastructure in the nearby Gullfaks area, the directorate said.

(Reporting by Louise Rasmussen, editing by Essi Lehto)