Oil and gas accounts for 25% of CO2 emissions from Norway. Quite simply, if the industry doesn’t step up then the country cannot meet its climate targets.
The Troll A platform rocks like a boat as North Sea waves pound its four gigantic concrete legs, but monitors inside the control room show a steady flow of natural gas continues unabated -- enough to meet the needs of 10 million homes in Europe. Norway is on track for record gas production this year after Statoil ASA put an end to technical issues that limited Troll’s capacity. And deep within the windswept jumble of pipes and machinery that top the platform 65 kilometers (40 miles) off the Nordic nation’s coast, two newly installed compressors stand ready to maintain the field’s unequaled capacity well into the next decade. “These compressors provide an extra muscle, they strengthen the Norwegian gas machine,” Grete Haaland, senior vice president for asset management at Statoil’s marketing, midstream and processing business unit, said in a presentation on the Troll platform Wednesday. “They increase Troll’s ability to deliver more gas in the short and long term. That’s extremely important for us.”