Equinor Submits Plan For $946.4 Million Oil-Platform Electrification Project
April 23 2021 - 9:12AM
Dow Jones News
By Dominic Chopping
Equinor ASA said Friday that with partners Petoro, Royal Dutch
Shell PLC, Total SE and ConocoPhillips it has submitted a plan for
development and operation for the electrification of two platforms
on the Troll oil field in the North Sea.
The plan will see the partial electrification of the Troll B
platform and full electrification of Troll C, with the project
expected to cost around 7.9 billion Norwegian kroner ($946.4
million). A total of NOK520 million in financial support has been
pledged by the Norwegian NOx fund.
The electrification will cut CO2 emissions by almost 500,000
metric tons a year, 1% of the total emissions in Norway, while
nitrogen oxide emissions from the field will be reduced by around
1,700 tons a year.
The power for both platforms will be met from shore, with the
gas compressors on Troll C currently driven by gas turbines
replaced by electric motors.
According to plan Troll B will be partially electrified in the
first quarter of 2024, and Troll C will be fully electrified by the
second quarter of 2026.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
April 23, 2021 08:57 ET (12:57 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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