Norwegian oil and gas company and LNG export plant operator Equinor has submitted a fast-track plan to the government for development and operation of the Eirin natural gas field gas field in the North Sea that will provide more supplies to the Europe.

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Norwegian oil and gas company Equinor, the leading producer and exporter of West European pipeline natural gas and LNG, has brought on stream the third stage of the Troll gas field, extending the production lifespan beyond 2050.

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Equinor, the Norwegian oil and natural gas company and operator of the currently closed Hammerfest LNG export plant, reported second-quarter net income of $1.94 billion after a previous loss, helped by higher price and progress in the projects portfolio.

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Norway and the UK, among the two main oil and natural gas producers in Europe and who are outside of the European Union since the UK’s Brexit vote, have opened a new chapter in energy cooperation as they continue to influence European gas and LNG markets.

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