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15 handpicked stocks

North Sea Oil Expansion

Tap into companies positioned to benefit from Equinor's massive $1.3 billion investment in the Johan Sverdrup oilfield. Our analysts have carefully selected businesses across drilling, subsea engineering, and marine transport that are essential to this renewed North Sea activity.

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Author avatar

Han Tan | Market Analyst

Updated today | Published at July 2

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

EQNR

Equinor ASA

EQNR

Current price

$24.54

As the operator and majority shareholder of the Johan Sverdrup field, Equinor directly benefits from the increased production and long-term value of t...

As the operator and majority shareholder of the Johan Sverdrup field, Equinor directly benefits from the increased production and long-term value of the asset.

FTI

TechnipFMC plc

FTI

Current price

$34.99

As a leading provider of subsea technology, products, and services, TechnipFMC is a prime candidate for contracts related to the new subsea wells and ...

As a leading provider of subsea technology, products, and services, TechnipFMC is a prime candidate for contracts related to the new subsea wells and infrastructure.

RIG

Transocean Ltd.

RIG

Current price

$2.95

Transocean is a major offshore drilling contractor with a fleet of harsh-environment rigs well-suited for projects in the North Sea.

About This Group of Stocks

1

Our Expert Thinking

This $1.3 billion expansion signals renewed commitment to North Sea oil production, creating a multi-year demand cycle for specialized offshore services. Companies providing critical infrastructure, drilling expertise, and transportation services stand to benefit from this significant capital infusion.

2

What You Need to Know

These stocks represent companies across the offshore energy value chain, from drilling contractors and subsea engineers to equipment manufacturers and marine transporters. They provide essential services for the Johan Sverdrup expansion, Western Europe's largest oilfield.

3

Why These Stocks

Our team identified companies with direct operational ties to North Sea projects like Johan Sverdrup. These businesses possess the specialized equipment, technical expertise, and regional presence needed to capitalize on increased offshore drilling and production activity.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+95.06%

Group Performance Snapshot

95.06%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 95.06% over the next year.

11 of 15

Stocks Rated Buy by Analysts

11 of 15 assets in this group are rated Buy by professional analysts.

2%

Group Growth

This group averaged a 2% return last month.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

💰

Billion-Dollar Spending Spree

Equinor's $1.3 billion investment creates immediate demand for drilling, subsea services, and marine transport. These companies are first in line for contracts and revenue growth.

🔄

Multi-Year Service Cycle

The Johan Sverdrup expansion isn't a one-time event. It creates a sustained cycle of drilling, installation, and ongoing maintenance needs likely to boost earnings for years.

🌊

Specialists Winning Big

North Sea operations require rare expertise and specialized equipment few companies possess. These carefully selected stocks represent the businesses with exactly what's needed.

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