Equinor and its partners have committed to investing over 4 billion Norwegian crowns (approximately $412 million) to expand the Troll field in the North Sea. The investment focuses on a new subsea development project designed to boost gas production by an additional 11 billion cubic meters. Approved in June, this initiative aims to enhance the field's output capacity through strategic subsea infrastructure.
The Norwegian energy major is ending its offshore wind operations in Japan and closing its Tokyo office by year-end, as part of a strategic reassessment to focus on integrated power markets.
Read the full storyEquinor and its Wisting partners abandon shore-based electrification, highlighting technical and cost hurdles in oilfield decarbonization.
The Norwegian energy giant approved a subsea project to add 11 billion cubic meters of gas output, with production scheduled to commence in 2028.
Equinor and its partners aim to unlock 11 billion cubic meters of natural gas from Norway's largest field to strengthen European energy security.
Equinor and its partners will invest 4.4 billion Norwegian crowns in new subsea infrastructure to maximize gas recovery from Norway's largest offshore field.