Norwegian oil and gas operator, DNO ASA, has made a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea. Preliminary evaluation of comprehensive data indicates gross recoverable resources in the range of 120-230 , making million Carmen ranks as the largest discovery on the Norwegian Continental Shelf since 2013.
“Norway is the gift that keeps on giving. Carmen proves there are important discoveries still to be made and Norway’s oldest oil company, DNO, will be part of this next chapter of the country’s oil and gas story,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani.
Norway has become the largest supplier of natural gas to Europe after the continent cut ties with Russia following its war in Ukraine. Norway’s pipeline gas exports to continental Europe have been robust in the current year, with flows averaging 313 million cu m/d.