Equinor revision to Mariner reserves

Equinor has revised its estimate of the total recoverable reserves in the Mariner field from an earlier assessment of approximately 275 mmbbl to about 180 mmbbl. The revision will result in an impairment in the region of USD 1.8 billion which will be reflected in IFRS net operating income for Equinor’s Exploration and Production International segment in Q4 2021 results, to be reported on 9 February 2022.
The Mariner field began producing in 2019 and consists of two reservoirs: Heimdal and Maureen. Mariner’s reserves have a wide range of uncertainty given the high subsurface complexity and the early production phase of the field.
The reserve revision is linked to an updated seismic interpretation and experience from production of the Maureen reservoir which led to a revised reservoir model. This revised reservoir model is further supported by results from the first well into the Heimdal reservoir, drilled in Q4 2021.

‘We are committed to working with our Mariner joint venture partners to identify opportunities to improve recovery and production. We plan to continue drilling on the field to prolong cash flow into the future,’ says Al Cook, executive vice president for Exploration and Production International.
Equinor is the operator of Mariner with 65.11% equity. The partners are JX Nippon (20%), Siccar Point (8.89%) and ONE-Dyas (6%). Mariner is located on the East Shetland Platform of the UK North Sea, approximately 150 kilometres east of Shetland and 320 kilometres north-east of Aberdeen. The Mariner field development includes a production, drilling and quarters (PDQ) platform based on a steel jacket, with oil being exported to a floating storage unit (FSU) and then transported to shore via tankers.
Related News.
November 9, 2026
Global study finds Cyprus ranks SEVENTH and set for $1.1 billion AI GDP boost
Cyprus beats India and New Zealand to come SEVENTH in major AI study – with potential €1.1 billion GDP boost and youth jobs opportunity Some 86% of…
November 9, 2026
Global shipping’s trillion dollar climate bill according to Zero Carbon Analytics
A new study by Zero Carbon Analytics finds that emissions from international shipping cost the global economy around USD 963 billion between 1990…
November 9, 2026
Keeping Children Safe Online at Sea Seafy® earns friendly WiFi Certification across 26 vessels
Seafy becomes Friendly WiFi’s first partner in the maritime sector, helping protect kids from harmful content online. Friendly WiFi is delighted…
November 9, 2026
MarinePALS keeps seafarers’ mental wellbeing results private from employers
MarinePALS has launched ‘MyMood’, a mental wellbeing self-check that enables seafarers to consider whether they need support without their individual…
November 9, 2026
ShipManager joins Star Information Systems to accelerate the maritime industry’s transition to cloud
CFARER, a DNV Company selects Star Information Systems as the longterm home for ShipManager and its cloud future Star Information Systems (Star)…
November 9, 2026
Seafarer experience must shape maritime technology, initial STEER Project report finds
New research finds technology can shift rather than remove risk as The Nautical Institute, with support from Lloyd’s Register Foundation, calls for…
November 9, 2026
New LR service targets cargo disruption when trade routes fail
New LR Advisory service helps ports, governments and logistics operators respond to disruption, protect critical cargo flows and strengthen trade…
November 9, 2026
DORIC WEEKLY INSIGHT 06 NOVEMBER 2026
Please find below the DORIC Market Insight for the week ending 06th November 2026. Weekly Report 06.11.2026
November 9, 2026
BIMCO Shipping Number of the Week
Coal shipments to India drop 7%, but limited recovery may lie ahead "Between January and October, coal shipments to India dropped 7% y/y due to the…
November 9, 2026
Hapag-Lloyd marks 20 years in South Africa and targets further growth
South Africa has become a cornerstone of Hapag-Lloyd's business in Africa Hapag-Lloyd surpasses 1 million TEU in Africa for the first time in its…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved






















