The project will help maintain production from the field by increasing the pressure in the pipelines between the wells and the Åsgard B platform.

“In this project, Equinor, together with partners and suppliers, has further developed and qualified the next generation of compressor modules. The technology allows us to recover more gas from producing fields. Good resource utilisation is important to maintain high and stable production from the Norwegian continental shelf,” says Trond Bokn, Equinor’s senior vice president for project development.

The first plan for development and operation (PDO) of Åsgard was approved in 1996. The field came on stream with Åsgard A in 1999 and Åsgard B in 2000. In 2012, the PDO for Åsgard subsea compression was approved by the authorities, and the first phase of Åsgard subsea compression came on stream in 2015.

This was the world’s first facility for gas compression on the seabed and the result of extensive technological development.

The plans described that there would be a need for increased pressure in the long term to compensate for the pressure drop in the reservoirs. The first compressor module in phase two was replaced in 2023, now the second and final module has been installed, at a depth of 270 meters.

“The compressor system has produced stably for ten years with almost 100% uptime. The system has so far contributed to increased value creation from the field of about NOK 175 billion,” says Randi Hugdahl, vice president for Exploration and Production for Åsgard and Kristin.

Combined for both phases, the recovery rate from the Mikkel and Midgard fields will increase to 90% due to the compressor plant.This amounts to an additional 306 million barrels of oil equivalent from the fields.

Licensees Åsgard: Equinor Energy AS (operatør) 35,01%, Petoro AS 34,53%, Vår Energi ASA 22,65% og TotalEnergies EP Norge AS 7,81%.

Licensees Mikkel: Equinor Energy AS (operatør) 43,97%, Vår Energi ASA 48,38% og Repsol Norge AS 7,65%.