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Equinor

🌎 equinor.com

Equinor is an international energy company headquartered in Norway, formerly known as Statoil. With over 23,000 employees across approximately 30 countries, Equinor is a leading operator in oil and gas, as well as a growing force in renewable energy, including offshore wind and solar. The company is committed to sustainability and aims to achieve net-zero emissions by 2050, while continuing to develop its portfolio in oil, gas, and low-carbon solutions.

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Equinor - Latest News and Updates

• Equinor, along with partners, is preparing for the arrival of a new FPSO unit in Brazil's Bacalhau field, with first oil expected in 2025, following a naming ceremony hosted by Seatrium.
• Equinor partnered with the Instituto Carioca Cidade Criativa to restore the garden of the Museu da República, including fountains and a new playground, celebrated on Brazil's National Culture Day.
• Equinor has acquired Sval Energi’s 11.8% share in the Halten East Unit, increasing its ownership to 69.5% and strengthening its position in the Norwegian Sea.
• Equinor signed a memorandum of understanding with LS Cable & System for the 750 MW Bandibuli/Firefly floating offshore wind project in South Korea.
• Equinor has partnered with the Energy Central Campus in Blyth as a Platinum Business Sponsor to support offshore wind talent development.

• On November 6, Equinor confirmed its investment in Korea's renewable energy market at the 2024 Invest Korea Summit, aiming to support the development of 8 GW of offshore wind capacity.
• Equinor plans to store 800,000 tons of CO2 emissions from Yara International's Dutch ammonia plant under the seabed as part of a large-scale carbon capture and storage project.
• Equinor Ventures participated in a €30 million funding round for eSmart Systems to expand AI-powered energy infrastructure solutions.
• Equinor has agreed to buy EQT Corporation's nonoperated interests in the northern Marcellus formation for $1.25 billion, increasing its working interest from 25.7% to 40.7% and adding approximately 80,000 BOED to its US production.
• Equinor is collaborating with Rahd AI and other major energy companies on a program to reduce the UK's decommissioning costs by up to 35%.

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