The U.S. offshore wind sector is encountering significant hurdles, leading to concerns among major players in the energy industry. BP’s Head of Gas and Low Carbon,…
Browsing: Equinor
Several European energy companies, including Denmark’s Orsted, are expected to announce additional write-downs on their U.S. offshore wind investments, following recent impairments by BP and Equinor…
BP, in collaboration with Equinor, announced a pre-tax impairment charge of $540 million in the third quarter of 2023 in connection with its offshore wind projects…
Equinor, the Norwegian energy company, is set to submit a proposal for pre-qualification in Norway’s inaugural offshore wind auction, as confirmed by CEO Anders Opedal in…
Equinor, the energy company involved in various renewable energy ventures, has recognized a $300 million impairment on its US offshore wind projects. The impairment, as outlined…
In a mixed landscape for the U.S. offshore wind industry, some developers may need to reconsider power sales contracts in New York following the state’s recent…
Electric Hydrogen (EH2) has announced the successful completion of an oversubscribed $380 million Series C financing round. This injection of capital is set to propel the…
Equinor and Polenergia have embarked on a crucial phase in the development of their ambitious 1560MW Baltyk I offshore wind farm situated in the Polish Baltic…
Equinor, a Norwegian energy company, and its partner BP, have requested a substantial 54% increase in the price of power generated at three planned offshore wind…
In a significant step towards sustainable energy integration, Equinor, a prominent Norwegian energy company, along with its consortium of partners, inaugurated the world’s largest floating offshore…
Norwegian multinational energy company Equinor has recently entered into a significant agreement with Denham Capital to acquire Rio Energy, a prominent onshore renewables company in Brazil.…
The Bureau of Ocean Energy Management (BOEM) has announced the commencement of the environmental review process for a proposed 2430MW offshore wind energy project off the…
