Post by Equinor

𝗖𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗺𝗼𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗖𝗦 📈 We’ve agreed to a strategic asset swap with Vår Energi that will help accelerate the development of the Peon gas discovery while strengthening our position in the Troll–Fram area. ⚡Peon is one of the largest undeveloped gas discoveries on the Norwegian continental shelf (NCS). Together with our partners, we've agreed on a development concept that can contribute to extending the lifetime of the Gjøa hub and support long-term gas production from the area. 🎯The Vår Energi agreement is part of a series of recent transactions where we have optimised our NCS portfolio through active asset management and capital allocation – enabling faster resource development, increased use of existing infrastructure and stronger positions in our core areas. 👉Find out more at the link in the comments ⬇️