Entity

Equinor Refining Norway AS is a wholly-owned subsidiary of Equinor ASA, established in 2016 as part of Equinor's strategic restructuring of its refining operations. The company operates as the key refining entity within Equinor's downstream portfolio. The company was incorporated on May 22, 2016, representing Equinor's consolidation of its Norwegian refining assets under a single operational entity. 

Primary Operations

Mongstad Refinery Operations

Equinor Refining Norway AS operates the Mongstad refinery, Norway's largest oil refinery and one of the most advanced facilities in Europe. The refinery represents the company's core operational asset with the following specifications:

• Processing capacity: Approximately 12 million tonnes of crude oil annually (226,000 barrels per day)
• Operational history: Commenced operations in 1975
• Strategic importance: Supplies refined petroleum products to Norwegian and European markets
• Product portfolio: Gasoline, diesel, jet fuel, and other refined petroleum products

Integrated Industrial Complex

Beyond the core refinery, Equinor Refining Norway AS manages an integrated industrial ecosystem at Mongstad:

• Natural Gas Liquid (NGL) processing plant (Vestprosess)
• Crude oil terminal operations through the Mongstad Terminal and Depot (MTDA)
• Storage facilities with capacity for 9.44 million barrels in underground caverns
• Associated infrastructure supporting the broader industrial park

Business Activities and Strategic Focus

Core Refining Operations

Equinor Refining Norway AS specializes in the manufacture of refined petroleum products, transforming crude oil into essential energy products for society. The company's operations are integral to Norway's energy security and serve as a critical link in the supply chain connecting upstream oil production to end-user markets.

Energy Transition Initiatives

The company is actively involved in Equinor's broader energy transition strategy through several key initiatives:

• Mongstad Industrial Transformation Project (MITP): A feasibility study for converting the refinery into a low-carbon industrial cluster
• Blue hydrogen production: Planned development from natural and refinery fuel gas
• Carbon capture and export capabilities: Integration with broader CCS infrastructure
• Sustainable aviation fuel (SAF) production: New plant development with 70%+ emissions reduction targets

Environmental Performance

Equinor Refining Norway AS has implemented significant environmental improvements:

• Emissions reduction: Achieved 250,000 tonnes per year CO₂ reduction through power plant replacement in 2022
• Energy efficiency: Installation of new steam boilers and connection to Denmark's natural gas grid
• Safety enhancements: Implementation of advanced wireless fire and gas detection systems

Recent Strategic Developments

The company's strategic focus has been refined following Equinor's divestment of international refining assets. In 2021, Equinor completed the sale of its Danish refining subsidiary (Equinor Refining Denmark A/S) to the Klesch Group, allowing Equinor Refining Norway AS to concentrate resources on the integrated Mongstad operation where the company can "leverage its integrated industrial cluster, expand the portfolio of low carbon energy products provided and contribute to Equinor's efforts in the energy transition".