Equinor can now carry out its extended operation of the Troll B offshore platform in the North Sea for a further ten years.
The oil giant recently received approval from the Norwegian Petroleum Directorate (NPD) for the operation.
The latest development follows the consent received by Equinor from the Petroleum Safety Authority (PSA) Norway for the extended operation of the Troll B facility located 65km outside Bergen on Norway’s west coast, at a water depth of 300m.
The extended lifetime for the facility includes its oil and gas pipelines, which were part of the field development plan, says NPD.
According to the NPD also, the extension of Troll B’s lifetime until 2030 is one of the key solutions for further developing gas production from the Troll Vest gas cap, the Troll phase three project.
Operator Equinor currently holds a 30.58% ownership of the field, while the remaining stake is held by Petoro (56%), Norske Shell (8.10%), Total E&P Norge (3.69%) and ConocoPhillips Skandinavia (1.62%).
Until now, nine seismic surveys have been conducted on the Troll field.
NPD North Sea development and operations assistant director Arvid Østhus said: “Extended operation of Troll B secures a foundation for good resource management of significant oil and gas resources from the gigantic Troll field.”
Aker Solutions secured a front-end engineering (FEED) study from Equinor to accommodate imports of power from shore for the Troll B and C platforms in January this year. This contract is aimed at reducing CO2 emissions from the Troll field.