Update on H2BE hydrogen project in Belgium
The feasibility study of the 1 GW H2BE hydrogen project, which assessed the technical and economic suitability of a potential location at Engie’s site at Rodenhuize in Ghent (Belgium), has been completed.
ENGIE and Equinor have decided to sign a joint development agreement (JDA), progress H2BE to the next development phase and further mature towards concept selection in 2023.
Last year, more than 20 potential hydrogen off-takers expressed interest in H2BE, which has also received letters of support from investment funds and authorities in Belgium.
Latest news
Changes in the board of directors
Equinor ASA announces that Tone H. Bachke will leave her position on the Board of Directors and prioritize her executive responsibilities as EVP and CFO in SHV Holding N.V., a global company headquartered in the Netherlands. The change takes effect 31 October 2025.
Equinor third quarter 2025 results
Equinor delivered an adjusted operating income* of USD 6.21 billion and USD 1.51 billion after tax* in the third quarter of 2025. Equinor reported a net operating income of USD 5.27 billion and a net loss of USD 0.20 billion. Adjusted net income* was USD 0.93 billion, leading to adjusted earnings per share* of USD 0.37.
Equinor to commence fourth tranche of the 2025 share buy-back programme
Equinor will on 30 October 2025 commence the fourth and final tranche of up to USD 1,266 million of the share buy-back programme for 2025, as announced in relation with the third quarter results 29 October 2025.