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Neptune Energy welcomes contract award for Snøhvit Future project

 

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Oilfield Technology,

Neptune Energy has welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

Neptune Energy’s Managing Director for Norway and the UK, Odin Estensen, said: “The award of the Aibel contract is a crucial step in moving the Snøhvit Future development forward. This project will support continued sustainable operation of the plant towards 2050, supplying Europe with much-needed energy. The electrification of Snøhvit will reduce CO2 emissions from the Hammerfest LNG plant by around 850 000 tpy – equivalent to 2% of Norway’s total annual emissions - and supports the decarbonisation of Neptune’s production.”

 

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