This is the tale of people who dared to think big, who have worked with a long-term perspective to solve seemingly impossible challenges. People who have taken existing knowledge and experience into new areas. They have worked closely together, found new solutions and developed a new industry.
The collaboration between NTNU (Norwegian University of Science and Technology) and Equinor is a good example of how clever minds work together to find innovative solutions. Ever since Statoil was formed in 1972, the two organisations have collaborated on problem-solving, technological development and funding of scientific research. The use of laboratories at NTNU and SINTEF has also been an important part of this collaboration.
NTNU has always had good and close cooperation with the industry and has contributed to many of the innovations we have seen over the last 50 years. And another factor of at least equal importance: thousands of NTNU students have found their way into our company.
The significance of the cooperation with NTNU has been and remains important for our activity. NTNU has contributed ground-breaking technology within subsea compression, multi-phase pipeline transport, LNG processing, carbon capture and storage, offshore wind, marine structures and drones.
Equinor’s ambition is to become a net zero company by 2050. The cooperation with NTNU is crucial for achieving this objective. Digitalisation, renewable energy and carbon-efficient production of oil and gas are key areas of collaboration. It will also be important to understand and combine potential new value chains and business models based on new energy systems.