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Equinor records decrease in production

Oil&Gas Materials 23 March 2023 14:07 (UTC +04:00)
Equinor records decrease in production
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, March 23. Oil and gas output by Norway’s Equinor company stood at 2,039 thousand barrels of oil equivalent per day (mboe/d) in 2022, versus 2,079 mboe/d in 2021, Trend reports with reference to the company.

The 6 percent reduction in operated scope 1 and 2 emissions was triggered by divestment of Kalundborg refinery and Bakken asset; modifications and emissions reduction initiatives at onshore plants at Mongstad and Kårstø; and a change in strategy at several of NCS assets from gas injection to gas exports to maximize supplies to Europe, according to the latest report released by Equinor.

The company says that while the resumption of production from the Peregrino asset added emissions to our operated portfolio in 2022 relative to 2021, the implementation of a gas import solution for Peregrino in September 2022 will halve the upstream carbon intensity of the asset and avoid around 100,000 tonnes of CO₂ emissions per year.

“Meanwhile, Hywind Tampen, the world’s first floating wind farm to supply power to offshore oil and gas platforms, represents an innovative step forward, and is set to reduce CO₂ emissions by 200,000 tonnes a year when the project is fully operational in 2023,” reads the report.

In 2022, Equinor also submitted development plans for several large abatement projects, including Snøhvit Future, which is intended to electrify the Hammerfest LNG facility and provide electric compressors for the Snøhvit gas and condensate field, delivering an estimated CO₂ reduction of 850,000 tonnes per year; and Njord A electrification, which will result in a reduction of 130,000 tonnes per year.

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