Equinor invests NOK 12 billion to develop Troll West

Equinor and its partners are investing over NOK 12 billion to develop the Troll West gas infrastructure, aiming to maintain high levels of gas exports until 2030.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Equinor and its partners in the Troll project decide to invest over 12 billion Norwegian kroner (NOK) to further develop the Troll West gas province. This strategic decision is designed to accelerate production from the reservoir, thereby guaranteeing current gas export capacity until 2030. The Troll Phase 3 project comprises eight new wells from two new subsea facilities, with a new gas pipeline connecting to the Troll A platform. The first wells are scheduled to come on stream in late 2026. Geir Tungesvik, Executive Vice President ofEquinor’s Head of Projects, Drilling and Procurement, said: “This project is highly cost-effective and crucial to fully exploiting the capacity of our existing infrastructure. We have chosen to work with reliable suppliers, most of whom already have framework agreements with us.”

Improving Gas Infrastructure

The development of Troll West Phase 3 increases the reservoir’s gas production, equivalent to around 55 billion standard cubic meters of gas. At its peak, this new infrastructure will contribute around 7 billion standard cubic meters of gas per year. The first phase of gas production from Troll West, launched in 2021, has already extended plateau production from 5 to 7 years thanks to the addition of eight wells and a new pipeline to the Troll A platform. Recent upgrades to the Kollsnes processing plant, located west of Bergen, have increased Troll’s maximum gas production from 121 to 129 million standard cubic meters per day. The new Troll wells are expected to produce around 20 million standard cubic meters of gas per day, helping to extend plateau production by a further four years and reduce production decline over the next 10 to 12 years.

Contributing to European energy security

Kjetil Hove, Executive Vice President for Exploration and Production in Norway, underlined the importance of the project: “This project will enable Troll and Kollsnes to continue to play a crucial role in Europe’s energy security, particularly in these difficult times. Troll gas alone covers around 10% of Europe’s needs. Since 2022, Equinor, together with its partners and the Norwegian authorities, has been working to maximize energy deliveries from the Norwegian Continental Shelf (NCS). The development of Troll West is a key step towards guaranteeing a stable and reliable energy supply for Europe.

Prospects and challenges

Expanding gas production at Troll West represents both an economic opportunity and a major technical challenge. Using experienced suppliers familiar with Troll’s previous development phases will ensure safe and efficient project delivery. As well as contributing to energy security, this project also supports sustainability objectives by extending the use of existing infrastructure rather than developing new facilities. Equinor plans to submit a development announcement to the Norwegian Ministry of Energy, in accordance with the Petroleum Act. This regulatory step is crucial to ensure transparency and compliance with legal requirements for energy development. By optimizing existing infrastructure and boosting gas production, this project will contribute to Europe’s energy needs while supporting the Norwegian economy.

The European Commission and the United States plan to intensify their economic measures against Russia, targeting the energy sector and cryptocurrencies in a new sanctions package.
The consortium led by Adnoc ends its acquisition plans for Santos, the Australian liquefied natural gas supplier, citing commercial and contractual factors that impacted the evaluation of its offer.
Eskom must restart the entire administrative process for its Richards Bay gas plant after South Africa’s Supreme Court cancelled its permit, citing insufficient public consultation.
QatarEnergy, TotalEnergies and Basra Oil Company begin construction of the final infrastructure components of Iraq’s integrated gas project, mobilising more than $13bn in investments to modernise the country’s energy supply.
Texas-based utility CPS Energy acquires four natural gas power plants from ProEnergy for $1.39bn, strengthening its footprint in the ERCOT market with operational dual-fuel infrastructure.
MCF Energy has completed drilling of the Kinsau-1A well in Bavaria at 3,310 metres, reaching its geological targets with hydrocarbon presence, reaffirming the company’s commitment to its European gas projects.
A Ukrainian national arrested in Italy will be extradited to Germany, where he is suspected of coordinating the 2022 attack on the Nord Stream 1 and 2 gas pipelines in the Baltic Sea.
Starting the ban on Russian gas as early as 2026 would raise benchmark prices, with a spread close to $1/MMBTU in 2026–2027 and spikes above $20/MMBTU in Austria, Hungary and Slovakia, amid tight regional supply and limited LNG availability.
Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.
The Iris carrier, part of the Arctic LNG 2 project, docked at China’s Beihai terminal despite US and EU sanctions, signalling intensifying gas flows between Russia and China.
Blackstone Energy Transition Partners announces the acquisition of a 620-megawatt gas-fired power plant for nearly $1bn, reinforcing its energy investment strategy at the core of America’s digital infrastructure.
Argentina aims to boost gas sales to Brazil by 2030, but high transit fees imposed by Bolivia require significant public investment to secure alternative routes.
The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.
Nigeria and Libya have initiated technical discussions on a new pipeline project to transport Nigerian gas to Europe through the Mediterranean network.
Shipments of liquefied natural gas and higher pipeline flows strengthen China’s gas optionality, while testing the sanctions regime and reshaping price–volume trade-offs for the next decade.
The Canadian government aims to reduce approval delays for strategic projects, including liquefied natural gas, nuclear and mining operations, amid growing trade tensions with the United States.
Liquefied natural gas exports in sub-Saharan Africa will reach 98 bcm by 2034, driven by Nigeria, Mozambique, and the entry of new regional producers.
Backed by an ambitious public investment plan, Angola is betting on gas to offset declining oil output, but the Angola LNG plant in Soyo continues to face operational constraints.
Finnish President Alexander Stubb denounced fossil fuel imports from Russia by Hungary and Slovakia as the EU prepares its 19th sanctions package against Moscow.
Japanese giant JERA has signed a letter of intent to purchase one million tonnes of LNG per year from Alaska, as part of a strategic energy agreement with the United States.

Log in to read this article

You'll also have access to a selection of our best content.