Equinor commits to reduce absolute emissions from Norwegian operations by 40% by 2030, getting to near zero by 2050

OGCI member company Equinor announced that it was launching new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040 and to near zero by 2050.

The first phase of the plan to 2030 implies annual cuts of more than 5 million tonnes, corresponding to around 10% of Norway’s total CO₂ emissions. It will be realised through large scale industrial measures, including energy efficiency, digitalization and the launch of several electrification projects at key fields and plants, including the Troll and Oseberg offshore fields and the Hammerfest LNG plant.