The Norwegian government has given Equinor the green light to electrify its liquefied natural gas facility in northern Norway, a project forecast to lower emissions and lock in gas deliveries beyond 2030.
Equinor’s year-on-year takings have been trimmed in half in what is likely to be a common theme amongst the world’s oil and gas giants in the coming days.
Fossil Free London has staged a sit-in at the offices of the UK Government’s Department for Energy Security and Net Zero to protest the Rosebank oil field.
Norwegian safety regulators have ordered Equinor and Beerenberg Services to improve after a worker suffered “serious injuries” from a severe fall at the Mongstad refinery in January.
Campaigners have written to the UK government and regulators warning they intend to initiate legal action if development of Equinor’s Rosebank field is approved.
The Green Party MP Caroline Lucas has claimed the electrification of the proposed Rosebank oil field from the Viking windfarm would harm energy security.
The UK energy security minister, Graham Stuart, has countered arguments to reject Rosebank, saying that only in a “parallel universe” would it make sense to do so.
Norway has approved 19 new oil and gas projects in its waters, with total investment topping NOK 200 billion (£14.62 bn), according to the Ministry of Petroleum and Energy.
Profits from Equinor’s (OSLO: EQNR) Hywind Scotland scheme surged last year as legacy renewables projects unintentionally gained from Europe’s gas crisis.
The first of new fleet of North Star offshore wind vessels built to service Equinor’s Dogger Bank project has been named at a ceremony in Port of Tyne.