Energy transition plan
This is our action plan with short-term actions and medium-term ambitions necessary to realise our ambition of becoming net zero by 2050.
Published 22 March 2022
Download the plan (PDF)We turn natural resources into energy for people and progress for society worldwide. Equinor leverages strong synergies between oil, gas, renewables, carbon capture and hydrogen.
Read more about usOn 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia.
Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.
Equinor has made a new oil discovery in Snøfonn Nord, exploration well 7220/8-2 S, by the Johan Castberg field in the Barents Sea.
This is our action plan with short-term actions and medium-term ambitions necessary to realise our ambition of becoming net zero by 2050.
Published 22 March 2022
Download the plan (PDF)Johan Sverdrup is the third largest oil field on the Norwegian continental shelf, with expected resources of 2.7 billion barrels of oil equivalent.
Equinor is a pioneer within carbon capture and storage, where we stop CO2 reaching the atmosphere by storing carbon safely and permanently under the sea bed.
Electrification means replacing a fossil-based power supply with renewable energy, enabling a reduction in greenhouse gas emissions from our offshore oil and gas production.
The Bay du Nord project consist of several oil discoveries in the Flemish Pass basin offshore Canada. We are working towards a final investment decision with first oil expected to be produced in the late 2020s.
In Equinor, we agree that the transition to a more sustainable energy system is taking place too slowly. We are working to accelerate the transformation of the world’s energy systems to drive decarbonisation.
At the 2022 Universum student survey Equinor was awarded #1 amongst engineering students, #2 amongst business students and #3 amongst IT students.