Equinor and partners invest over NOK4bn in Troll expansion
The TWIN project aims for production by 2028, adding about 11 billion standard cubic metres of gas to Europe.
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International energy company
equinor.comLast updated
In short: Equinor announced plans to reach 2.3 million barrels of oil equivalent per day by 2030 while scaling back renewable energy capacity targets.
The TWIN project aims for production by 2028, adding about 11 billion standard cubic metres of gas to Europe.
The subsea development will produce 240 million barrels of oil equivalent via Troll B platform, combining seven discoveries.
It aims for over 5% annual dividend growth and 30% cash flow increase by 2030, with production up 150,000 boe/d.
New appraisal wells prove increased oil volumes, enabling a subsea tieback to maintain production and value creation.
Norway has made a new discovery of gas in the North Sea. Now involved companies want to use technology that can release more of the existing resources.
Equinor stock faces a fresh analyst check: Berenberg has lowered its price target while reiterating a Hold rating, prompting investors to revisit the Norwegian energy...
Equinor has revised its recoverable reserve estimate for Bay du Nord upward to 550 million barrels, a figure that now stands nearly double the 300...
Tungesvik made the remarks Tuesday during Equinor's Capital Markets Day presentation and he said the company decided to develop two of its five discoveries in...
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