Equinor announces the stabilization of its natural gas production on the Norwegian Continental Shelf (NCS) at its current level for the next ten years.
This strategic choice responds to Europe’s sustained demand for gas, particularly in a context where traditional sources of supply are disrupted.
Anders Opedal, the company’s Managing Director, explains that this orientation is aimed at guaranteeing the continent’s energy security, by taking advantage of Norwegian gas resources.
In 2023, Equinor produced around 40 billion m³ of gas, and the company plans to maintain this level of production until 2035.
To achieve this goal, Equinor is investing significantly in the development of existing fields, in particular the Troll field, to ensure continuity of supply.
Targeted investments in the Troll Deposit
The Troll field remains a cornerstone of Equinor’s gas strategy.
In May 2024, the company decided to invest 12 billion crowns in the ongoing development of this site, guaranteeing stable annual natural gas production until 2035.
Troll, which supplies around 10% of Europe’s natural gas requirements, is crucial to the continent’s energy security. Norway, as Europe’s main supplier of natural gas, is consolidating its strategic role thanks to stable production from the Troll field.
These investments aim to secure gas deliveries to Europe while optimizing the use of available resources.
Impact on the European energy market
Equinor’s ability to maintain stable gas production is crucial to the continuity of supply in Europe.
The efficient management of Norwegian resources enables us to meet European demand against a backdrop of reorganized energy flows.
This stability contributes to the balance of the European energy market, supporting security of supply and mitigating price fluctuations.
Equinor’s current strategy, which combines stable production with targeted investments, is closely followed by industry professionals.
This approach guarantees an effective response to immediate market needs, while ensuring sustainable management of gas resources.
