ICOW - Equinor And Partners Pump $1.1B Into Troll West Expansion Fueling Europe's Future | Benzinga
Equinor ASA (NYSE:EQNR) and the Troll partners have decided to invest just over NOK 12 billion (~$1.1 billion) to develop further the gas infrastructure in the Troll West gas province.
The investment will accelerate reservoir production and thus maintain the current high gas export levels from the Troll and Kollsnes value chain until 2030.
The company expects production from the reservoir equivalent to increase to about 55 billion standard cubic meters of gas, and at peak level, the annual contribution from the new development will amount to around 7 billion standard ...