BlueNord ASA 2024 AR2

The report highlights BlueNord's strategic progress in 2024, particularly the successful restart and ramp-up of the Tyra II gas hub, which is expected to more than double the company's production in 2025. Financially, the company generated USD 702 million in revenue and USD 354 million in EBITDA, enabling a proposed USD 215 million distribution to shareholders. On the sustainability front, BlueNord published its Scope 3 emissions for the first time and advanced Project Ruby, an onshore carbon capture and storage initiative in Denmark that was awarded an exploration licence in June 2024. Additionally, the company achieved a reserves replacement ratio of 189 percent, driven by strong base asset performance and the successful drilling of the Harald East Middle Jurassic well.

Company: BlueNord ASA

Sector: Energy

Country: Norway

Year: 2024

Type: AR2

Pages: 146

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BlueNord ASA

BlueNord ASA 2024 Annual Report and Accounts

Annual Report And Accounts

The report highlights BlueNord's strategic progress in 2024, particularly the successful restart and ramp-up of the Tyra II gas hub, which is expected to more than double the company's production in 2025. Financially, the company generated USD 702 million in revenue and USD 354 million in EBITDA, enabling a proposed USD 215 million distribution to shareholders. On the sustainability front, BlueNord published its Scope 3 emissions for the first time and advanced Project Ruby, an onshore carbon capture and storage initiative in Denmark that was awarded an exploration licence in June 2024. Additionally, the company achieved a reserves replacement ratio of 189 percent, driven by strong base asset performance and the successful drilling of the Harald East Middle Jurassic well.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 3:

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees