The plan for development and operation for electrifying Troll Vest was submitted to the Minister of Petroleum and Energy on 23 April. The plan covers electrification of the Troll B and C platforms in the North Sea. Annual emission reductions will be close to half a million tonnes of CO2
, corresponding to more than three per cent of the petroleum industry's emissions on the Norwegian shelf and about one per cent of total emissions in Norway. NOX
emissions from the field will be reduced by about 1,700 tonnes per year.
"Through strategic further development, Troll will remain the jewel of our portfolio, and will also be highly important for the other Troll partners. To illustrate this point: Even in a year as challenging as 2020, Troll alone gave Petoro a net cash flow of more than NOK 20 billion, which is going straight to the Government Pension Fund - Global," says Acting Petoro CEO Kjell Morisbak Lund.
The Troll field – a giant on the Norwegian shelf
The Troll field is a giant in the North Sea and the most resource-rich field on the Norwegian shelf. The field will continue to generate massive values for the Norwegian society for a long time to come. Historical revenue since 1995 amounts to approx. NOK 1,650 billion. Oil production on Troll is in the tail phase, but only half of the gas resources have been produced.
Guaranteeing substantial activity and jobs in Norway
The Troll Vest electrification project will provide value creation and employment effects for the Norwegian private sector and the Norwegian society. Aker Solutions has been awarded the contract for engineering, procurement, construction, and installation (EPCI) for modifying the topsides on Troll B and C to receive power from shore. This contract will sustain more than 1,000 full-time equivalents during the project period. Skanska has been awarded the contract to construct a new substation, cable trenches and landfall at Kollsnes, about 100 full-time equivalents during the project period.
NKT has been awarded the contract to manufacture and install the high-voltage subsea cable from Kollsnes to Troll B and Troll C.
The joint venture: Petoro has 56%, Equinor 30.6% (operator), Shell 8.1%, Total 3.7% and ConocoPhillips 1.6%.
Read more about the project on Equinor.com
Read more about the project on Regjeringen.no