Energy for the future: moving from hydrocarbons to renewables

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Date Wednesday, November 18, 2020
Time 17:30 - 19:30
Speaker(s) Arne Eik, Leading business developer floating offshore wind, uinor New Energies
Johan Sandberg, Senior Manager, Aker Offshore Wind
Jørn Kristian Lindtvedt, Business Manager, Ocean Ventures, TechnipFMC

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Be inspired by learning how major energy industry players Equinor, Aker Offshore Wind and TechnipFMC look at the future of global energy business, now experiencing massive investments in renewables such as offshore wind.

The oil and natural gas industry has until now supplied more than 50% of the global energy consumption through a remarkably stable supply and distribution, while supporting millions of jobs worldwide.

To prepare for the future and meet the ambitions of a lower global carbon footprint, the industry is now shifting gears towards renewables such as offshore wind, solar and hydro power. What opportunities will this bring for existing and new players in the global energy industry?

We will in this meeting listen to Arne Eik at Equinor New Energy Solutions explain the potential and market outlook of this business, and how Equinor see their transition from a major hydrocarbon company to a mixed energy company.

Equinor is a global energy company and employs 21,000 people across 30 countries. Equinor is the largest oil & gas operator in Norway and a leading international offshore operator, and a growing force in renewables. Equinor had $64Bn in revenue and $118Bn in total assets last year.

Johan Sandberg at Aker Offshore Wind, which has surged more than 60% since the IPO at Oslo Merkur Market in August 2020 will tell us what makes this new industry segment interesting for Aker, and what project types are attractive for floating  offshore wind. Case studies will be South Korea Ulsan project, California Humboldt Bay and ScotWind in the UK.

In August 2020, Aker Solutions separated its offshore wind development business into a separate company called Aker Offshore Wind - leveraging technology, pushing boundaries to scale, drive down costs and add value to the deepwater offshore wind market. Main shareholder is Aker ASA with NOK27Bn Mkt Cap and 37,000 employees.

Joern Kristian Lindtvedt at TechnipFMC's Ocean Ventures will enlighten us on why the European Hydrogen market is at specific interest these days, how TechnipFMC's Deep Purple project can address four hydrogen market segments, and how Norway can play an important part in a zero-emission Europe in the future.

TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services across the three business segments Subsea, Surface Technologies and Technip Energies. TechnipFMC employs more than 37,000 people across 48 countries, operates 18 vessels, with $13Bn revenue and a $2.4Bn Mkt cap (2019).

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Venue Zoom event

Registration Deadline Tuesday, November 17, 2020

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