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Equinor to electrify over 35% of its total oil & gas output base by 2025

Oil&Gas Materials 22 April 2021 16:23 (UTC +04:00)
Equinor to electrify over 35% of its total oil & gas output base by 2025

BAKU, Azerbaijan, Apr.22

By Leman Zeynalova – Trend:

Successful commencement of the total project pipeline could see Norway’s Equinor electrifying over 35 percent of its total oil and gas production base by 2025 through power from shore, Trend reports citing GlobalData, a leading data and analytics company.

The next technological milestone of Equinor will be to supply the Gullfaks and Snorre platforms with wind power through the pioneering project Hywind Tampen, the largest floating offshore wind farm in the world when it starts operating in 2022.

In addition, there is work underway to investigate the possibility of supplying power from shore to the Troll B and C platforms and to the Oseberg field. We are also exploring the possibility of supplying the LNG plant in Hammerfest with power from the grid. Further projects will come in the years ahead.

“Of the active offshore electrification projects that Equinor is involved in, Troll and Johan Sverdrup have avoided the largest emission volumes through electrification at over 600,000 tons of CO2 per year each. Equinor is aggressively expanding its electrification efforts through the Utsira High project, which entails electrification of offshore fields Gina Krog, Edvard Grieg and Ivar Aasen, as well as partial electrification of Sleipner and Gudrun. The project is estimated to reduce emissions of over one million tons of CO2 per year.

“Equinor is a clear leader in field electrification with a number of its major operated developments already being powered/partially powered from shore and a strong pipeline of projects that will boost its electrified production base to be the largest in the region. Elsewhere in Norway, the likes of Lundin Energy may not produce volumes on the scale of Equinor but it is on track to electrify over 90 percent of its total production base in the region by 2025. While small local player OKEA currently has 50 percent of its production stream electrified, by 2025 the company could have an entirely electrified production base if announced electrification efforts go forward,” said GlobalData.

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Follow the author on Twitter: @Lyaman_Zeyn

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