Neptune Energy welcomes contract award for Snøhvit Future project

Neptune Energy has today 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 tonnes per year – equivalent to 2 per cent of Norway’s total annual emissions - and supports the decarbonization of Neptune’s production.”

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