Neptune Energy welcomes Equinor’s announcement on submission of the plan for development and production (PDO) of Snøhvit Future, which will maintain higher gas exports from the Hammerfest LNG facility and reduce operational emissions.
Neptune’s Managing Director for Norway and the UK, Odin Estensen, said: “We congratulate Equinor on reaching this key milestone for the Snøhvit Future project, in close collaboration with the licence partners.
“Snøhvit is currently the second largest producing field for Neptune Energy in Norway, representing about 25 percent of our total production in the country. The electrification of Snøhvit will reduce the CO2 emissions from Hammerfest LNG plant by around 850,000 tonnes per year, and is a major step towards the decarbonization of our production.”
Neptune Energy is also a partner in the Equinor-operated fields Njord, Gudrun and Fram, which are all in the process of being electrified. The Gjøa field in the North Sea, operated by Neptune, is already powered by hydroelectricity, generated onshore.