The Troll subject on the Norwegian facet of the North Sea produced 42.5 billion customary cubic meters (Bscm) of pure gasoline in 2024, surpassing its earlier historic report of 38.8 Bscm, Equinor ASA mentioned.
Final yr’s manufacturing from Troll is equal to about 3 times Norway’s hydropower manufacturing in a traditional yr, in response to the bulk state-owned firm.
“With record-high manufacturing in 2024, the Troll subject confirms its place as a pillar of Europe’s vitality safety”, Kjetil Hove, Equinor government vice chairman for exploration and manufacturing in Norway, mentioned in an internet assertion. Troll gasoline accounts for about 11 % of the European Union’s gasoline consumption, in response to the corporate.
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“The sector contributes to a secure gasoline provide for hundreds of thousands of households and is vital for European trade”, Hove added.
Equinor, which operates the sphere with a stake of over 30.58 %, mentioned, “This yr’s report is the results of excessive regularity, a yr with out turnarounds, in addition to upgrades which have elevated effectivity”.
A riser alternative on the Troll B platform helped increase manufacturing final yr, whereas the capability of the Kollsnes gasoline processing plant has elevated from 144.5 million customary cubic meters a day (MMscmd) to 156 MMscmd, Equinor mentioned.
Troll holds remaining reserves of 624.2 million customary cubic meters of oil equal (MMscmoe), from the unique recoverable reserves of roughly 1.77 billion customary cubic meters of oil equal. Gasoline accounts for 606 MMscmoe of the remaining reserves whereas pure gasoline liquids comprise 15.3 MMscmoe and oil 2.9 MMscmoe, in response to data on authorities web site Norskpetroleum.no.
Whereas manufacturing grew, carbon dioxide emissions from the sphere “considerably” fell in 2024, Equinor mentioned. Final yr Troll B and Troll C have been partially electrified. Troll A, the sphere’s important gasoline producing platform, has been electrified since startup in 1996, in response to Equinor.
A preliminary estimate indicated Troll emissions dropped by round 15 % or 90,000 metric tons final yr, Equinor mentioned.
Troll’s different homeowners are Norwegian state-owned Petoro AS with a 56 % curiosity, A/S Norske Shell with 8.1 %, TotalEnergies EP Norge AS with 3.69 % and ConocoPhillips Skandinavia AS with 1.62 %.
“The efforts to get well extra Troll gasoline and elevated export capability clearly assist be sure that our clients in Europe get the vitality safety and long-term perspective they want”, mentioned Helge Haugane, Equinor senior vice chairman for gasoline and energy buying and selling.
Within the third quarter of 2024 Norway continued to be the EU’s high pipeline gasoline provider with a share of 47 %, in response to the European Fee’s quarterly gasoline market report printed December 20, 2024.
To contact the creator, e-mail jov.onsat@rigzone.com
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