en.Wedoany.com Reported - The Norwegian Ocean Industry Authority (Havtil) has approved Equinor to carry out exploration drilling operations in North Sea Block 34/10.

The exploration well, designated 34/10-56, known as the Rav Beta prospect, is located within Production License 050HS, which is valid from April 11, 2012, to September 10, 2031. Equinor, as the operator, holds a 70% interest, while partner Petoro holds the remaining 30% stake.

The target water depth is 132 meters, and drilling will be conducted using the COSL Innovator semi-submersible drilling rig. Equinor finalized a two-year contract for this rig in August 2023, with operations scheduled to commence in the second quarter of 2025, along with an option to extend the contract by three years. The rig was built in 2012 and is designed for a maximum operating water depth of 750 meters.

As early as January 2026, Equinor had already made an oil discovery in the Norwegian Sea using the same COSL Innovator drilling rig.

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