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Equinor (EQNR) Boosts Electrification Efforts Offshore Norway
EQNREquinor(EQNR) Zacks Investment Research·2024-04-08 18:31

Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has announced a significant step in its efforts to curb carbon emissions from the Norwegian Continental Shelf. Equinor aims to cut down approximately 160,000 tons of CO2 per year through the utilization of power from shore.A key aspect of this initiative is the partial electrification of assets on Utsira High, a strategic area for oil and gas production off the coast of Norway. Equinor has confirmed that installations, including the Sleipner field ...