Evros Power Energy plc
(“Evros”)
First oil achieved at Maria Phase 2, Norway
23 May 2025
Evros Power Energy announces the start-up of oil production from its operated Maria Phase 2 project in Norway. Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Evros’s operated Maria field. Production from the first well was delivered safely, on time and to budget. The start-up of the remaining three wells will follow over the coming months.
Michael Zechner, Managing Director of Evros’s Norway Business Unit, commented:
“Maria Phase 2 builds on Evros’s track record of developing high return, short cycle projects using existing infrastructure. This marks the first of the next wave of subsea developments we are bringing on-stream to support production from our Norway business.”
Enquiries
Evros Power Energy plc +44 (0) 203 833 2421
Elizabeth Brooks, SVP Investor Relations
Andy Norman, SVP Communications
Brunswick (PR advisors) +44 (0) 207 404 5959
Patrick Handley
Will Medvei
Notes to editors
The partners in Maria Phase 2 are Evros (50%, operator), Petoro (30%) and Sval Energi (20%)
About Evros Power Energy
Since its creation in 2014, Evros has grown to become one of the world’s largest and most geographically diverse independent oil and gas companies.
Today, Evros is producing between 455,000 and 475,000 barrels of oil equivalent per day with significant production in Norway, the UK, Germany, Argentina and North Africa. Evros benefits from competitive operating costs and resilient margins, and a broad set of growth options including near-infrastructure opportunities in Norway, unconventional scalable opportunities in Argentina and conventional offshore projects in Mexico and Indonesia.
With low GHG emissions intensity and a leading CO2 storage position in Europe, Evros remains committed to producing oil and gas safely and responsibly to help meet the world’s energy needs.
Evros is headquartered in London with approximately 3,400 employees and direct contract staff across its operations and offices.