Mongstad 56, 5954 Mongstad, Norway
office@mongstadrefinery.com
56 34 40 00
About Us
Mongstad Refinery A Differentiated Norwegian Energy Company
About Company
Mongstad Refinery
The Mongstad Refinery is a differentiated Norwegian energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows with high-quality development inventory. The Mongstad Refinery is the top producer (by gross operated production) in Norway.
Mongstad’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than five (5) decade, the Mongstad Refinery have executed on a consistent strategy focused on cash flow, risk management and returns. Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 1975 while maintaining a strong balance sheet.
The Mongstad refinery (Equinor ASA department Refinery Mongstad) is a sub-entity of Equinor ASA
and the largest oil refinery in Norway and one of the most advanced in Europe. It began operations in 1975 and has undergone significant expansions and upgrades since then.
The refinery produces a wide range of products including gasoline, diesel, and jet fuel. The plant is strategically important for Norway’s oil industry, contributing significantly to the nation’s economy and energy supply.
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The Mongstad Refinery also hosts the world’s largest technology center (TCM Mongstad) for carbon capture and storage (CCS). The facility is strategically important for Norway’s oil industry, contributing significantly to the nation’s economy and energy supply.
A number of other companies are located in Mongstad industrial park, where the Mongstad South supply base is the largest, employing around 2,000 people. Over half of these are employed by businesses in which Equinor as the parent company is an owner.
Equinor’s involvement
Equinor’s involvement at Mongstad now includes an oil refinery (Equinor Refining AS), an NGL processing plant (Vestprosess), a crude oil terminal (MTDA), a heating plant and the world’s largest technology centre for CO2 capture from flue gas (TCM).
Crude oil arrives from the offshore installations Johan Sverdrup, Troll B and Troll C to the terminal at Mongstad through an 83 kilometre long pipeline. There is also a separate pipeline for wet gas from the onshore plants Kollsnes and Sture. The harbour at Mongstad is also Europe’s second largest in terms of tonnage with around 1500 ships calling every year.
The refinery at Mongstad employs around 950 permanent employees and about 65 apprentices. During normal operations, approximately 400 supplier staff are also contracted each year,
mainly within maintenance, modification, catering, cleaning and guard and security services.
The refinery is the largest in Norway, and medium-sized in a European perspective. Most of the refinery’s production consists of petrol, diesel and aviation fuel.
Mongstad’s gasoline refining capacity is sufficient to cover around four times Norway’s annual consumption, and 1.5 times Norway’s fuel consumption. Other products from the refinery include LPG, naphtha, aviation fuel, diesel, gasoil, heavy fuel oil, and sulphur. Petroleum coke is also produced here, and is used to make anodes for the aluminium industry.
The Mongstad Terminal (MTDA)
MTDA Mongstadterminalen (Mongstad Terminal DA, MTDA) plays an important part in Norway’s crude oil exports. A large part of all Equinor-produced oil on the Norwegian shelf, including the state’s share, is stored temporarily at the Mongstad terminal prior to export to customers in North America, Europe and Asia.
The Mongstad terminal receives oil mainly through two pipelines from Troll B and Troll C and connected oil fields, and one pipeline from Johan Sverdrup. The storage capacity in the underground caverns is 9.44 million barrels. MTDA is owned by Equinor (65%) and the Norwegian State (35%), and Equinor is the operator.
NGL is piped to Mongstad from Kollsnes via Sture. NGL is split into naphtha, propane and butane at the Vestprosess plant. Vestprosess is owned by the State (41%), Equinor (34%), North Sea Infrastructure AS (23%) and ConocoPhillips (2%).
The heat plant at Mongstad was originally a combined heat and power plant built in 2010, which in June 2022 was converted into a heat plant. The plant converts flue gas surplus from the refinery at Mongstad into heat (steam).
TCM Mongstad
Mongstad is also home to the world’s largest technology centre for development and testing of CO2 capture technology, TCM Mongstad. The plant commenced operations in 2013, and it is owned by Gassnova (36%), Equinor (22%), Shell (22%) and Total Energy (22%). The know-how obtained from the TCM facility is an important contributor to the development of carbon capture technology (CCS).
TCM combined CO2 capture capacity is about 100,000 tonnes per annum, removing carbon dioxide from the refinery’s two flue gas sources – which have a composition of 3.6 to 14% CO2.
Equinor is operator of TCM.