Equinor invests over NOK 4 billion to expand Troll gas field output
- Reports
- 6
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Equinor and its partners have approved the TWIN (Troll West Increased Gas Recovery North) project, involving an investment of over NOK 4 billion, or about $390 million. This project aims to increase gas production from the Troll field in the North Sea, with production expected to begin as early as 2028. The expansion is the third step of Troll Phase 3, designed to maximize gas recovery from the Troll West reservoir.
From finchannel.com, oilprice.com
Why it matters
The Troll field currently supplies approximately 10% of Europe's annual natural gas demand, making it a cornerstone of Europe's energy system. This investment strengthens Norway's role as a major gas supplier as Europe seeks to reduce its dependence on Russian energy. Equinor's operations in Norway also contributed NOK 142 billion in value creation in 2025.
Equinor, Vår Energi, Petoro, and TotalEnergies hold stakes in a license for drilling operations on the Norwegian Continental Shelf.
Who's involved
- Equinor ASANorwegian oil and gas company leading the expansion project
- Vår EnergiNorwegian oil and gas company partnering in the Troll gas field
- NorwayCountry whose energy resources are being expanded through the project
- EuropeContinent whose energy security is supported by the increased gas supply
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EuropeSpeculative
The increased stable gas supply could contribute to overall energy security and market stability across Europe.
- European Central BankSpeculative
Increased stable gas supply might reduce energy price volatility, supporting the European Central Bank's inflation control mandate.
How it developed
Newest first. Tap a step to see who reported it.Equinor operates in the Troll field on the Norwegian continental shelf, supplying 10% of Europe's annual natural gas demand.1 source
Equinor discovered new resources near Troll field while maximizing value on the NCS.1 source
Keep exploring
Part of
Equinor, Vår Energi, Petoro, and TotalEnergies hold stakes in a license for drilling operations on the Norwegian Continental Shelf.Also in this story
- Equinor and Vår Energi agreed to swap assets on the Norwegian continental shelf.
- Equinor, Vår Energi, Petoro, and TotalEnergies hold stakes in a license for drilling operations on the Norwegian Continental Shelf.
- Transocean secured a new drilling assignment from Equinor for operations on the Norwegian Continental Shelf.
The entities involved
-
Equinor ASA
Norwegian oil and gas company
-
Norway
country in Northern Europe
-
Equinor
Norwegian energy company; developer of Empire Wind 1 (810 MW) in NYISO — direct competitor to Avangrid offshore wind.
Nothing else this week.
-
Europe
terrestrial continent located in north-western Eurasia
Related events
- Equinor proposes Bay du Nord oil project off Newfoundland.
- Equinor announces strategic operational updates regarding its global footprint, including exiting legacy positions in Azerbaijan and Nigeria, while pursuing growth in Angola.
- Equinor leverages the Norwegian continental shelf for gas supply, securing a long-term 15-year deal for the German market.
- Equinor is involved in trials of ammonia as a marine fuel.
Coverage
Newest first; wire copies grouped- energy-pedia.com
- finchannel.com
- oilprice.com
- ZacksEquinor Strikes New Oil and Gas Discovery Near Norway's Troll Field Equinor ASA EQNR and its partners have announced a fresh oil and gas discovery in the Fram area, located just 9 kilometers north of
- Unknown outlet
- Unknown outlet