A French energy giant has shut down a key North Sea hub amid growing concerns over the Government’s windfall tax.

In 2024, the Troll field in the North Sea produced more gas than ever before, and emissions were significantly reduced.

The record output is due to high regularity, no turnarounds and efficiency upgrades such as riser replacements on Troll B.

Company agreed deal in 2023 to divest shares in some UK North Sea assets and acquire Waldorf’s 25% non-operator interest in ...

French supermajor TotalEnergies announced last year it would decommission FPSO as part of broader strategy for Gryphon field ...

Norway gets it’s oil from the same oil fields that the UK has access to in the North Sea. We are literally buying our own oil for a markup, instead of drilling it ourselves for half the price.” ...

The Troll field on the Norwegian side of the North Sea produced 42.5 billion standard cubic meters of natural gas in 2024.

North Sea gas production is forecast to plunge faster than ever as windfall taxes and a net zero crackdown by Ed Miliband ...

The UK introduced a 25% windfall tax in 2022 under the last Conservative government, which increased to 35%, then to 38% last ...

Equinor's Troll field in the Norwegian North Sea produced record natural gas in 2024, meeting European demand amid reduced ...

The company discovered a new oil field 17 kilometers west of the Troll field in the North Sea, with estimated reserves ranging between 2 and 12 million barrels of oil equivalent. The Ringand ...