We engage with business partners, suppliers, customers and society to find solutions for the low-carbon future, including innovative and commercially viable ways to reduce emissions across the oil and gas value chain.
We have teamed up with peer companies in the Oil and Gas Climate Initiative (OGCI) to help shape the industry’s climate response. To spur technology development, we are a partner in the USD +1 billion investment fund OGCI Climate Investments.
To enhance our work on reducing methane emissions, we have joined the One Future Coalition, the Climate and Clean Air Coalition Oil and Gas Methane Partnership and the Guiding Principles on Reducing Methane Emissions Across the Natural Gas Value Chain.
Working with suppliers and customers to reduce emissions from our products
We are exploring ways to work with companies that use our products, since over 90% of the total emissions from oil and gas comes from their use rather than their production. Our pilot projects on hydrogen and CCS are examples of this low-carbon research and technology.
Through our green logistics programme, we collaborate with suppliers to reduce the emissions from our maritime operations in Norway.
Investing in innovation
Our Academia programme entails long-term collaboration between key universities and Equinor to stimulate research, competence development and education within areas of strategic importance for both parties.
We support innovation through corporate venturing and accelerator programmes, to test new ideas and help progress new sustainable solutions. Equinor and Techstars have co-established Techstars Energy Accelerator, which aims to develop disruptive solutions within oil and gas, renewables, new business models and digitalization. Each year ten leading startup companies accelerate their solutions by tapping into a global network of experts from Equinor, Techstars and our partners Kongsberg and Capgemini.
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