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Equinor Initiates Production at Eirin Subsea Facility in North Sea

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-- Equinor (EQNR.OL) commenced production at the Eirin subsea facility in the North Sea, with expected recoverable resources of 27.6 million barrels of oil equivalent, mainly gas.

The 4.5 billion Norwegian-krone project also started exporting gas to Europe through the Gina Krog and Sleipner A platforms, and is projected to extend Gina Krog's economic life by seven years to 2036, the oil and gas company said Tuesday.

Equinor operates the Eirin discovery, which was reassessed in 2023, with a 58.7% interest. Orlen's (PKN.WA) Orlen Upstream Norway owns the remaining 41.3% stake.

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