Equinor is a global energy company headquartered in Norway. Its 21,000 employees develop oil, gas, wind and solar energy in more than 30 countries. We have been operating in the UK for over 35 years where we employ over 650 people. Our supplies from Norway meet more than one quarter of the UK’s demand for natural gas and around one fifth of oil demand, and both are produced with one of the lowest carbon footprints in the industry. We also operate two fixed bottom and one floating wind park in the UK (Sheringham Shoal, Dudgeon, Hywind). We will also operate the largest offshore wind park in development, Doggerbank.
Equinor is already one of the world’s most CO2-efficient producers of oil and gas and we believe there are attractive business opportunities in the transition to a low carbon economy. Equinor’s ambition to reduce net carbon intensity by at least 50% by 2050 takes into account scope 1, 2 and 3 emissions, from initial production to final consumption.
We are continuing reducing emissions from our operations and products, focusing on the storage of CO2, decarbonisation of natural gas through hydrogen value chains, low carbon fuel transportation solutions, and electrification of platforms.
Equinor has an ambition to further develop low carbon solutions which includes hydrogen as an energy carrier. We are currently running several hydrogen projects targeting both power, industry and maritime transport.
We have extensive experience and expertise in CCS from Norway where we operate the Sleipner and the Snøhvit field which have stored CO2 since 1996 and 2008, respectively, in excess of 20 million tons of CO2. We are maturing the Northern Lights project, an open access CO2 transport and storage solution based on CO2 transport by ship and we operate the Technology Centre Mongstad (TCM). In the UK we have been involved in the H21 North of England project and we are for the time being leading the H2H Saltend hydrogen project in Humber and a partner in the Net Zero Teesside project. Other ongoing projects are the H2M-Magnum project in the Netherlands and the H2morrow steel project in Germany.
