The Fram licence partners have decided to drill three new wells on the field, making 70 million new barrels of oil and gas available – at current prices this is expected to create value of a total of NOK18 billion (£2.1bn).
Last autumn the Fram licence partners decided to invest more than NOK1 billion (£118m) in a new gas module on Troll C, which will give it higher gas processing capacity.
The installation preparations for the gas module started early in May and the installation work on the platform will commence in June.
Start-up of the new gas module is expected towards the end of 2019.
Gunnar Nakken, Head of the Operation’s West Cluster, said: “When the gas module is ready, we will be able to accelerate the recovery rate in the Fram area.
“Since we will reuse our subsea installations we will curb costs and thereby achieve high project profitability.”