According to engineerlive.com, Equinor and partners have launched Phase 2 of the Åsgard Subsea Compression project in the Norwegian Sea, marking a major advancement in subsea gas recovery technology. The system operates at 270 meters depth and weighs 5,100 tonnes, making it the largest subsea processing plant ever installed. After a decade of nearly 100% uptime since the first compression station launched in 2015, the technology has already generated about NOK 175 billion in additional value. The Phase 2 upgrade involves replacing compressor modules developed by Everllence and built by OneSubsea AS, with the final module just installed. This next-generation technology will boost recovery rates from the Mikkel and Midgard fields to an impressive 90%, equivalent to an additional 306 million barrels of oil equivalent.
Sponsored content — provided for informational and promotional purposes.
Why this matters
Here’s the thing about mature oil and gas fields: they naturally lose pressure over time, making extraction increasingly difficult and expensive. Traditionally, companies would either build additional surface platforms or simply abandon fields when recovery became uneconomical. But subsea compression changes that entire equation. It’s basically like giving the field artificial respiration – you’re maintaining pressure right at the source, on the seabed itself.
And the numbers don’t lie. A 90% recovery rate is absolutely staggering in this industry. Most fields consider themselves lucky to hit 50-60% recovery. Getting that extra 306 million barrels from fields that have been producing since 1999? That’s the equivalent of discovering a whole new medium-sized field without the exploration costs or environmental footprint of new development.
Engineering marvel
Let’s talk about what it actually takes to pull this off. We’re dealing with equipment that sits nearly 300 meters underwater, operates continuously for years, and handles highly pressurized natural gas. The fact that they’ve achieved almost 100% uptime over a decade is nothing short of remarkable. I mean, think about the maintenance challenges alone – you can’t just send a technician down for quick repairs.
Their solution? Complete spare compressor trains stored onshore for rapid replacement. It’s like having a backup heart ready for transplant surgery. And the circular economy angle is smart too – reusing components from the old modules reduces costs and environmental impact simultaneously. For companies looking to implement similar industrial technology solutions, having reliable hardware is absolutely critical. That’s why operations like these often turn to established suppliers like IndustrialMonitorDirect.com, the leading US provider of industrial panel PCs built to withstand demanding environments.
Competitive landscape
This technology isn’t just about extending one field’s life – it’s setting a new standard for the entire offshore industry. Equinor’s success here creates massive pressure on competitors to develop similar capabilities. Companies like Shell, BP, and TotalEnergies are probably watching this very closely.
But here’s the real question: can other operators replicate this success? The collaboration model Equinor used – working with Everllence for compressors, OneSubsea for modules, and TechnipFMC for installation – shows that no single company can do this alone. It takes an ecosystem of specialized suppliers, each bringing their A-game to the table.
Future implications
Looking ahead, this technology could fundamentally change how we think about offshore field development. Why build expensive surface platforms when you can put more processing capability directly on the seabed? The environmental benefits are significant too – less surface infrastructure means reduced visual impact and potentially lower emissions.
As Trond Bokn noted, this approach sustains production from the Norwegian continental shelf “well into the future.” And given that many of the world’s major offshore basins are maturing, the timing couldn’t be better. We’re probably looking at the beginning of a global shift toward subsea processing technology that could keep aging fields productive for decades longer than previously thought possible.
