Equinor Greenlights Billions-Worth Investment In Troll Gas Infrastructure
Date
5/24/2024 5:20:03 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 24. Equinor and itspartners at Troll have greenlit a hefty investment of over 12billion Norwegian krone ($1.1 billion) to bolster the gasinfrastructure in the Troll West gas province, Trend reports.
According to the company, this will ramp up production from thereservoir, ensuring a steady flow of gas exports through the Trolland Kollsnes value chain until 2030.
The second stage of the Troll Phase 3 project is set tointroduce eight new wells spread across two innovative templateswith subsea controls extended from existing ones. A crucialaddition will be a new gas flowline connecting to the Troll Aplatform, alongside necessary modification work on the platformitself. Operations are slated to kick off by the end of 2026,heralding a significant surge in gas production equivalent to about55 billion standard cubic meters.
This expansion is expected to peak at an annual contribution ofroughly 7 billion standard cubic meters of gas, further solidifyingTroll's status as a major player in the gas sector. Notably, theinitial phase of gas production from the Troll West gas province,initiated in 2021, already laid the groundwork with eight wells anda new pipeline to the Troll A platform. This earlier endeavor,coupled with the upcoming Stage 2, promises to extend plateauproduction by around four years and mitigate production declineover the next decade.
Recent upgrades at the Kollsnes processing plant have alsobolstered Troll's output capacity. Formerly capped at 121 millionstandard cubic meters of gas per day, the maximum production nowstands at 129 million. With the new Troll wells expected tocontribute around 20 million standard cubic meters of gas per day,the future looks bright for Troll's gas production prowess.
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