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
Equinor's head office will remain at Forus
After a thorough process and evaluation of various alternatives, the Equinor board has decided to keep the head office at Forus East. The building will be significantly upgraded to create a modern, attractive and sustainable head office gathering all employees in the Stavanger region.
2024 tax contributions for Equinor
The tax contribution to society from Equinor amounted to a total of USD 25.8 billion for 2024, including employment taxes. In a year characterised by a gradual normalisation of energy markets, Equinor continues to deliver strong tax contributions.
Investing in the next phase at Johan Castberg
Equinor, Vår Energi and Petoro will invest just over NOK four billion in the first discovery tied back to the Johan Castberg field in the Barents Sea. The decision was made eight months after Johan Castberg came on stream.