DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Snøhvit Future: Equinor's Low-Emission Gas Push
Snøhvit Future: Equinor's Low-Emission Gas Push

Snøhvit Future: Equinor's Low-Emission Gas Push

Update: 2025-12-23
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Equinors Snøhvit Future project in Norway faces delays and budget increases, with onshore compression now starting in 2029 and total costs topping twenty billion kroner by 2025. The project aims to extend peak production at the Hammerfest LNG plant and reduce emissions by electrifying the Melkøya facility, cutting around eight hundred fifty thousand tonnes of carbon dioxide annually. Despite challenges, including harsh weather, safety shutdowns, and rising costs, the project is seen as valuable for steady gas exports and job creation in the region.

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Snøhvit Future: Equinor's Low-Emission Gas Push

Snøhvit Future: Equinor's Low-Emission Gas Push