Equinor and partners invest $412 million in subsea development to boost Troll gas field production

Type: Investment · Technology: Oil Gas · Country: Norway · Value: $412M · Announced: 2026-06-19

Equinor and its partners Petoro, Shell, TotalEnergies, and ConocoPhillips committed $412 million to a new subsea development project at the Troll gas field in the North Sea. The investment aims to increase gas production from the field, which is one of Norway's largest offshore gas reserves. The project involves expanding subsea infrastructure to enhance output from existing wells and new drilling sites. Expected to extend the field's operational life, the development supports Norway's long-term energy security strategy amid declining North Sea production. The partners did not disclose specific production capacity increases or timelines in the announcement.

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