Norway’s oil and gas sector is abuzz with excitement as Norwegian operators DNO ASA and Wellesley Petroleum announce a monumental gas and condensate discovery in the Carmen prospect, located in the Norwegian North Sea. This groundbreaking find not only surpasses DNO’s pre-drill expectations but also establishes a new chapter in the country’s oil and gas story. With DNO holding a 30% interest and Wellesley Petroleum as the operator with a 50% interest, the Carmen discovery showcases the tremendous potential that still exists within Norway’s petroleum reserves. Preliminary evaluations from the discovery well and an extended sidetrack suggest gross recoverable resources … Continue reading Norway Unearths Largest North Sea Hydrocarbon Discovery Since 2013