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Equinor: A leader in the energy transition

Every day Equinor delivers oil, gas and renewable power to more than 170 million people. For fifty years, Equinor has been pushing the boundaries of imagination and technology, taking the company to deeper waters and new frontiers. Today, we are the largest operator in Norway, one of the world’s largest offshore operators, and a growing force in renewables and low carbon projects.

The energy industry is experiencing fundamental challenges. In Equinor, the approach is to turn these into opportunities, seeking new ways to utilise its expertise to the growing new energy arena as well as driving innovation in oil and gas around the world.

Equinor supports the Paris Agreement, and the ambition is to become a net zero energy company by 2050. Guided by its strategy – always safe, high value, low carbon it will create value as a leader in the energy transition, in renewables, carbon capture and storage, and hydrogen. It is also a leader in sustainable development, receiving a number of recognitions for its sustainability performance.

To reach its ambitious goals Equinor seeks to remain at the forefront of digitalisation, implementing and creating value from new digital tools which enable improvements and optimisations in day to day operations, in combination with remotely controlled and automated designs.

In renewables Equinor has successfully applied its oil and gas expertise to Dogger Bank, the world’s largest offshore wind farm, and Hywind Tampen, the world’s largest floating offshore wind farm.

Equinor is developing the world’s first carbon capture and storage network (Northern Lights), and is progressing with several low carbon hydrogen projects. Carbon capture enables near-term, large-scale emissions abatement while preserving reliable energy, high-value industries and highly skilled jobs.

Equinor believes societies will continue to need oil and gas in the future. That is why it continues to look for and produce oil and gas at industry-leading emissions levels, less than half the global industry average, using electrification, energy efficiency and digital technologies.

Ahmed Osman, Middle East Business Development Manager in Equinor, emphasized that the company is glad to be working with local entities in both the gas sector as well as in the renewable arena. “Oman has great ambitions for the energy transition and Equinor is hoping to be part of this journey.”

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