Equinor Stock - $410 million Troll gas investment and long-term North Sea strategy

Edited by ad hoc news Long-Term & Business-Model Desk. Verified prior to publication on 06/20/2026, 12:13 CET. Details in the imprint.

Equinor (NO0010096985) is stepping up its long-term North Sea strategy with a fresh investment in the giant Troll gas field. According to an Alliance News report dated 06/19/2026, the group plans to invest just over NOK 4 billion, around $410 million, in a new subsea development.

New Troll project in the North Sea

According to Alliance News, Equinor and its partners will invest a bit more than NOK 4 billion, equivalent to around $410 million, in a new subsea development at the Troll gas field in the North Sea.

A parallel report cited the investment at approximately $412 million and described the initiative as a subsea project designed to boost gas production from Troll West, under the internal project name TWIN.

Part of a broader long-term gas strategy

The partners in Troll include major European and US names such as TotalEnergies and ConocoPhillips, underlining the field’s strategic importance for the region’s gas supply.

The new development is expected to add roughly 11 billion standard cubic meters of gas over its lifetime and is described as the third segment of Troll phase 3, targeting the Troll West reservoir.

How the company makes its money

Equinor generates most of its cash flow from upstream oil and gas production on the Norwegian continental shelf and internationally, with Troll being one of its largest and most profitable gas assets supplying Europe.

Where the stock trades today

Equinor shares (NO0010096985) trade on the Oslo Stock Exchange under the ticker EQNR at NOK 310.50 as of 06/20/2026, 11:45 CET.

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