Equinor Energy and MHI partners on low carbon technology

Equinor Energy, a Norwegian energy company, and Mitsubishi Heavy Industries (MHI), a Japanese engineering and electronics company, signed a Memorandum of Understanding (MoU) to collaborate on low carbon technology.

Both firms will try to explore ways to reduce emission from oil & gas operations, focusing on developing hydrogen and carbon capture, utilisation and storage (CCS/CCUS) value chains.

Equinor will also form synergies between renewable and oil and gas value chains.

MHI has already launched various hydrogen and CCUS value chain related technologies including CO2, compression, and degasification and pressure equipment.