Eavor says its technology differs from other forms of geothermal in that it is a scalable ‘go anywhere’ solution, harvesting geothermal heat to generate dispatchable power with zero emissions

The energy giant will work with IBM to explore the use of quantum computing to solve business and engineering challenges and potential applications for driving efficiencies and reducing carbon emissions

Windfarms will occupy sea footprint the size of London and power 3.4 million homes

The move is part of a $25 billion divestment programme by 2025

The EI’s Chief Executive Officer is expected to support the giant’s transformation into an integrated energy company

It comes as the two companies completed their previously announced deal, whereby Equinor sold a 50% interest in both the Empire Wind and Beacon Wind assets on the US east coast