The Troll C platform in the North Sea. (Source: Equinor)
Equinor and its partners have agreed to spend NOK 21 billion (US$2.1 billion) to develop the Fram Sør oil and gas field in the Norwegian North Sea, the company said June 26.
The subsea project being developed by Equinor, Vår Energi and Inpex Idemitsu Norge combines several discoveries that together have recoverable volumes of about 116 MMboe, about 75% of which is oil, Equinor said in a news release.
“The development will put new oil and gas resources on stream by connecting new infrastructure to existing facilities that provide good and robust profitability,” said Geir Tungesvik, executive vice president of projects, drilling and procurement at Equinor. “With the host platform Troll C being powered from shore, the production from Fram Sør will have very low emissions.”
Equinor said the CO2 intensity for the development is an estimated 0.5 kg of CO2 per boe, compared to the Norwegian Continental Shelf’s average of 8 kg/boe and the industry average of about 16 kg/boe.
The development includes the Echino South and the Blasto discoveries along with two smaller discoveries in the North Sea.
Equinor said it has submitted the plan for development and operation of Fram Sør to Norway’s energy minister. Production is scheduled to begin at the end of 2029.
Recommended Reading
Chevron Enters US Lithium Sector with Smackover Acreage Deals
2025-06-17 - One leasehold position in the Smackover Formation was acquired from TerraVolta Resources, while the other was acquired from East Texas Natural Resources, Chevron says.
Energy Transition in Motion (Week of June 13, 2025)
2025-06-13 - Here is a look at some of this week’s renewable energy news, including an agreement between RWE and tech giant Amazon.
PureWest, Gunvor Group Form Low-Carbon Gas Partnership
2025-06-03 - Gunvor will offtake PureWest’s third-party verified, low-carbon natural gas attributes, which may be unbundled or bundled with physical gas, a news release says.
Anaergia Enters Contract to Build Biogas Plant in Italy
2025-05-20 - The facility, called Metanext, is the first of nine planned projects with Capwatt and is aimed at producing 7.6 MMcm of biomethane annually from agro-industry waste, Anaergia said.
BKV, Comstock Resources Partner for Haynesville CCUS Projects
2025-05-01 - As part of an agreement with BKV Corp., injection wells will be drilled to permanently sequester CO2 waste produced at two of Comstock’s natural gas processing facilities in the Haynesville Shale.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.