EQUINOR ASA

Overview

As Norway's national oil company, Equinor is spearheading the electrification of offshore petroleum infrastructure to meet climate targets, with major projects including platform electrification in the Halten, Tampen, and Barents Sea areas. The company is also developing industrial facilities like CO2 storage at Northern Lights and exploring hydrogen production, demonstrating a strategic shift toward cleaner energy operations while maintaining core petroleum activities.

Active Regions

Strategic Focus

Equinor is focused on decarbonizing petroleum operations through offshore platform electrification, while diversifying into carbon capture and storage (Northern Lights) and hydrogen production. The strategy centers on 'power from shore' projects to replace gas turbines with grid electricity.

Recent Activity

Recent activity includes entering the queue for a 30 MW petroleum project at Skaidi, delaying hydrogen facility development at Lindås to 2035, and withdrawing a 20 MW industrial project at Litle Sotra, indicating continued focus on core petroleum electrification over hydrogen expansion.