STAVANGER, Norway — More than 1,800 suppliers in Norway delivered goods and services to support operations at Equinor’s operated offshore and onshore fields and facilities last year.
Total value of these deliveries was above NOK70 billion (US$7.19 billion), according to a new report by Bodø Science Park (KPB).
It found that total goods and service deliveries were almost NOK235 billion (US$24.16 billion), of which Norwegian suppliers accounted for about 90%.
Investments in exploration and field development projects were not included in the report.
Kjetil Hove, Equinor’s executive vice president for Exploration & Production Norway (EPN), said, “Up to 2035 Equinor-operated fields will create value of around NOK6,000 billion [US$616 billion] for the state.
“In order to realize future high value creation, we are planning to invest NOK50 billion [US$5.14 billion] every year this decade while at the same time develop new low-carbon solutions and grow in renewables.”