Equinor & Rosneft partner for low carbon resolutions: Norwegian energy firm Equinor & Russia’s Rosneft have both signed an agreement to work together on low carbon solutions as well as reduce the carbon footprint from shared projects.
They will share knowledge and investigate opportunities within areas containing decline of flaring & methane emissions, energy efficiency as well as recording of greenhouse gas emissions.
Furthermore, they will calculate possible co-operation in renewables, carbon capture, utilisation and storage (CCUS) as well as low carbon hydrogen solutions.
The deal focuses on how to recognise low carbon solutions in the companies’ combined upstream projects in Russia & participate in joint activities in the areas of sustainability.
Al Cook, Executive Vice President for Exploration and Production International at Equinor stated: “Equinor aims to proactively support emissions reductions wherever we invest based on our decades of experience from Norway. We are happy to work together with Rosneft & share best practice to address climate change.”
Equinor & Rosneft partner for low carbon resolutions