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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 is partnering with Unicamp to offer Master's and PhD scholarships in Reservoir Management and Flow Assurance, with applications open until November 30, 2024.
• Equinor's Northern Lights JV project at Øygarden is the world's first open-source CO₂ transport and storage infrastructure, capable of storing 1.5 million tons of CO₂ annually with potential expansion to 5 million tons.
• Equinor successfully installed a 230 bar PSV setting AOGV at Melkøya, marking a first in high-pressure valve installation.
• Equinor collaborates with Hystar, Yara Clean Ammonia, Gassco AS, and ABB on the HyPilot project to produce green hydrogen through water electrolysis.
• Equinor and Polenergia are developing three offshore wind farms in the Baltic Sea with a total capacity of up to 3000 MW, expected to power over 4 million homes, with the first energy from Bałtyk 2 and 3 projects anticipated in 2027.

• Equinor accepted Norway's offer to sell its interests in the Nyhamna and Polarled JVs but will retain a minority share, as part of a $1.6 billion deal involving the country's gas transportation system.
• Equinor is collaborating with GE Vernova, bp, and Technip to develop the Net Zero Teesside Power natural gas plant with carbon capture for sustainable energy.
• Equinor emphasizes the importance of Northern Norway in its strategy, with Grete taking ultimate responsibility for this region.
• Equinor is scaling back its low-carbon energy plans and focusing on traditional oil and gas operations due to decreased profitability in renewables and market pressures.
• Eirik Waerness, SVP and Chief Economist at Equinor, will discuss the impact of changes in energy demand on scaling intermittent renewables at CERAWeek 2025.

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