Late Development Other

Equinor Energy AS announced plans to convert the Njord A platform in the Norwegian Sea to electric operations using power from shore, in collaboration with OKEA ASA’s development of power infrastructure from shore to the Draugen field. Under the plan, OKEA will develop the power infrastructure from shore to Draugen, while Equinor will be responsible for the subsea power cable from Draugen to Njord and for the necessary modifications and upgrades on Njord A, with grid connection at the Straum transformer station in Åfjord municipality. The combined Draugen–Njord electrification is estimated to require about $737 million (NOK 7.3 billion) of investment, of which roughly $302 million (NOK 3 billion) relates to the Njord licence, and aims to start up in the first quarter of 2027, cutting more than 130,000 tonnes of CO₂ emissions per year from Njord alone.