Fetching News Details
Equinor has discovered oil at its Monument exploration well in the Gulf of Mexico. The company said that further drilling is still required to establish its size. A statement from Equinor read, “We are pleased to have proved an accumulation of movable hydrocarbons in the Monument exploration well. However, determining the full potential of the discovery will require further appraisal drilling,”. Equinor holds a 50% stake at the prospect.
