China's largest Offshore Oil and Gas Producer

Global Insight 18:Troll III, a green tree

On Friday, 27 August, the production started from the Troll phase 3 project in the North Sea. The project has a break-even price below 10 dollars and CO2 emissions of less than 0.1 kg per barrel oil equivalent. The new wells are tied into the Troll A platform, and Troll phase 3 will extend the platform’s life past 2050.

In addition to purchasing carbon credits and building its CCS program to create carbon credits, Equinor was able to significantly reduce carbon emissions in Troll III thanks to its 25-year electrification strategy. Electrification will also be a solution for the newborn platform on the South China Sea in the future.

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Section of Global Development Strategy.

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