Energy transition

Video: Equinor Chief Looks To Adjust to the New Global Energy Mix

In this video from Bloomberg, Eldar Saetre, chief executive officer and president of Equinor, talks about the company's increased push into the offshore wind power market.

Equinor CEO Looks to Adjust to the New Global Energy Mix

In this video from Bloomberg, Eldar Saetre, chief executive officer and president of Equinor, talks about the company's increased push into the offshore wind power market. The company kicked off its massive Johan Sverdrup field oil megaproject in the North Sea at a moment where the pressure on the oil industry and governments to act against the climate crisis has never been greater. The field is set to produce crude for 50 years, well beyond the time where the world’s greenhouse-gas emissions should be net zero to avoid warming of more than 1.5°C.