Equinor aims to continue growing oil

Equinor is marking 50 years of operations in Northern Norway. After five decades of investment and value creation, the company is planning for high activity and growth in the region for many decades to come. [Photo credit: Søren Q. Terkildsen/Søren Ø. Clausen/Rene J. Feuerlein - ©Equinor.]

Today, Equinor produces more than half a million barrels of oil equivalent per day in Northern Norway, around 35 per cent of the company’s own production on the Norwegian continental shelf.

“Equinor has achieved a lot in Northern Norway over 50 years. We have built strong professional environments and created major value for the company, the region and Norway. Our operations have helped develop the supplier industry and created skilled jobs and ripple effects throughout the region,” said CEO Anders Opedal.

At the same time, activity among suppliers in the north is growing. Northern Norwegian suppliers work on maintenance, modifications, projects and operations on Equinor’s installations and onshore facilities.

“Looking ahead, we see several major opportunities in Northern Norway. We have discoveries that are still to be developed as subsea developments tied back to our existing fields. There are also still significant oil and gas resources yet to be proven, so we will continue exploration in both the Norwegian Sea and the Barents Sea. Equinor will continue to invest and grow in the north,” added Opedal.



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