Equinor ASA said it would invest $1.3 billion along with its partners in the Hammerfest LNG terminal to extend the life of the Norwegian plant and cut emissions significantly. The company has submitted its development plan to Norway’s Ministry of Petroleum and Energy to add onshore compression and electrify the terminal. It’s aiming to have…
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Norway Cites ‘Serious’ Regulatory Breaches in Hammerfest LNG Fire
The Norwegian Petroleum Safety Authority (PSA) said a fire last year at Equinor ASA’s 4.3 million metric tons/year Hammerfest liquefied natural gas terminal resulted from “serious breaches” of regulations. The facility in northern Norway, where a fire broke out last September, receives and liquefies natural gas from the Snohvit field in the Barents Sea. It…
April 22, 2021
Equinor Hammered by Norwegian LNG Outage, but Net-Zero Emissions Portfolio Gains
Equinor ASA continued to advance its worldwide energy portfolio during 2020, with a long-term strategy set on becoming a net-zero emissions leader relying less on fossil fuels. The management team held court with analysts and investors on Wednesday to share results for 2020 and the outlook going forward. Mirroring comments made by Big Energy CEOs…
February 10, 2021
Equinor’s Hammerfest LNG Shuttered for One Year After September Fire
Inspections have shown that a fire last month at Equinor ASA’s Hammerfest liquefied natural gas (LNG) terminal in northern Norway will require at least a year’s worth of work to repair, the company said Monday. The fire broke out in the air intake of one of the plant’s five power turbines, which caused extensive damage,…
October 26, 2020
LNG Recap: U.S. Exports Rebound as Global Natural Gas Market Tightens
Feed gas deliveries to U.S. export terminals from Maryland to the Gulf Coast continued ramping up on Tuesday as the global gas market tightened and the latest hurricane to hit Louisiana spared liquefied natural gas (LNG) plants after making landfall last week. Cameron LNG, which was still ramping up following Hurricane Laura, opted to shut…
October 13, 2020
Equinor’s Hammerfest LNG in Norway Shut Down by Fire, Adding to Supply Crunch
A fire that broke out Monday at Equinor ASA’s Hammerfest liquefied natural gas (LNG) terminal in northern Norway has forced the company to shut down the plant indefinitely, compounding unplanned supply outages elsewhere in the world. The fire broke out in one of the turbines that power the 4.3 million metric tons per year (mmty)…
September 30, 2020
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