en.Wedoany.com Reported - Norwegian state-owned energy company Equinor and its partners are investing just over NOK 4 billion to develop a new subsea project aimed at boosting natural gas production from the Troll field in the North Sea.

The project targets first production as early as 2028. Gunnar Nakken, Senior Vice President for Subsea Projects in Norway at Equinor, stated that by simplifying processes, increasing standardization, and reusing existing infrastructure and equipment, the project is reducing costs and accelerating time to production. This helps sustain jobs, create value, and ensure natural gas exports from Troll A and Kollsnes to Europe.

The TWIN project is expected to contribute approximately 11 billion standard cubic meters of natural gas. It is the third step of Troll Phase 3, which aims to extract gas from the Troll West reservoir.

The second phase of Troll Phase 3 will be launched in 2026, ensuring high production levels at Troll A and Kollsnes through 2030. Both the platform and onshore facilities are powered by electricity from shore, meaning the gas will be produced with extremely low emissions.

The subsea project includes two wells in a single template and a pipeline connecting to existing subsea infrastructure. An umbilical and MEG (monoethylene glycol) line will be extended to the new development area.

This is one of several subsea projects planned on the Norwegian continental shelf in the coming years. The industry and authorities are focused on simplifying processes, reducing costs, and bringing new reserves into production more quickly.

Facing challenges such as aging fields, smaller new discoveries, and rising costs, Nakken stated that a fundamentally different approach is necessary. The project aims to halve the cost and execution time of subsea projects and develop six to eight such projects annually by 2035. Equinor's goal is to achieve a daily production of 1.3 million barrels on the Norwegian continental shelf by 2035.

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