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Equinor prepared to increase production and large-scale use of low sulphur bunker fuel

09 Jun 2020

Norwegian multinational energy company Equinor on Monday (8 June) revealed its ambitions for reducing own emissions from ships and how the company will contribute to decarbonising shipping in conjunction with the UN’s World Oceans Day

Being both a producer and a supplier of fuel to the maritime sector, Equinor has extensive maritime activity around the world, including around 175 vessels on contract with the company at any time, it notes.

“As a producer and user of maritime fuel, Equinor has a good opportunity to help decarbonise shipping.” said Irene Rummelhoff, Equinor’s executive vice president for Marketing, Midstream and Processing (MMP).

“From our position on the Norwegian continental shelf (NCS), we will develop new solutions contributing to substantial emission reductions together with the maritime industry in Norway and internationally.” 

Equinor has set the following ambition for its maritime activity:

  • By 2030: Halving maritime emissions in Norway compared to 2005 emissions.
  • By 2050: Halving global emissions compared to 2008 emissions.

The company said its ambitions for the maritime activity are in line with the goals of the International Maritime Organisation (IMO) for global shipping and the goals set by Norwegian authorities. 

As a supplier of fuel to the maritime sector, Equinor’s ambition is as follows:

  • By 2030: Escalating its production and use of low-carbon fuels.
  • By 2050: Strongly increase production and use of zero-emission fuels.

Equinor added that it has worked systematically on reducing its carbon intensity by developing new types of vessels and using alternative fuels in close collaboration with the industry. 

The company has been a pioneer in using liquefied natural gas (LNG) as a fuel, and during 2021 we will introduce large-scale use of liquefied petroleum gas (LPG) as a fuel.

A new hybrid battery system has been introduced for 19 supply vessels on contract with Equinor on the NCS, and the next generation of dual-fuel vessels is being introduced to the fleet continuously. 

The company has also, in collaboration with the maritime industry, started developing the world’s first supply vessel to run on zero-emission ammonia.

In an intermediate phase the company said it will introduce batteries, hybrid solutions as well as LNG and LPG solutions. 

Equinor has identified the following areas for developing zero-emission fuels for the maritime sector:

  • Increasing the share of biofuel in marine fuels
  • Developing ammonia and hydrogen from natural gas in combination with carbon capture and storage or by electrolysis of water from renewable power. 

“From 2015, Equinor has gradually renewed its tanker fleet, which is an important contribution to reaching Equinor’s ambitions,” said  Kjetil Johnsen, vice president for the shipping, ship technology and vetting unit.

“We expect the total carbon intensity for the tanker fleet to be reduced by 45% in 2025, compared to 2008.” 


Photo credit: Equinor
Published: 9 June, 2020

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