A group of leading Nordic industry companies has, in line with the UN Sustainable Development Goals (SDGs), joined forces to solve a great societal challenge. The initiative is called Zero Emission Energy Distribution at Sea (ZEEDS). Annually, shipping is responsible for nearly 1 billion tonnes of CO2 gas emissions globally, and the consortium is trying to address this by developing
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Norway, a country known for its wealth from oil and gas extraction, issued a record number of offshore drilling licenses this month. The 83 total licenses awarded to oil companies include 37 in the North Sea, 32 in the Norwegian Sea and 14 in the Barents Sea, The Barents Observer reports. The Norwegian operator Equinor is among the 33 companies
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Equinor has been declared the provisional winner of one of the three leases offered in the U.S. government’s wind lease sale for an area offshore Massachusetts. Equinor will now have the opportunity to explore the potential development of offshore wind farms to provide the region with a significant, long-term source of renewable electricity. The new lease, located south of Massachusetts
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The Norwegian company Equinor, formerly Statoil, has identified three offshore oil and gas platforms as candidates for replacing their gas turbines with electric power from land-based sources. According to Equinor, the transition may cut CO2 emissions by more than 600,000 tons per year. The platforms include Troll C and the Sleipner field center, which includes the Gudrun tie-in platform in
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