Equinor secures $3 billion in project financing for Empire Wind 1
In a sign that lenders have not soured on U.S. offshore wind, Equinor reports that its Empire Wind 1 project has now secured a project financing package of over $3 billion. Financial
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Offshore wind: Equinor now Ørsted’s second largest shareholder
In a move involving two Scandinavian companies who are significant players in the U.S. offshore energy sector, Norway’s Equinor ASA has acquired 41,197,344 shares in Denmark’s Ørsted A/S, corresponding to 9.8% of
Equinor and Dominion the winners in $92.65 million Central Atlantic offshore wind lease sale
Two established U.S. offshore wind players, Equinor and Dominion Energy, were the winners in today’s Central Atlantic offshore wind lease sale. The sale, details of which were announced in June, was the
EuroGreen Maritime wins Equinor charter for four new super green product tankers
Nantes, France, headquartered EuroGreen Maritime SAS (EGM) reports that it has secured a seven-year charter agreement with Equinor ASA for four state-of-the-art MR IMO II product tankers, each fitted with a pair
Equinor says it’s “ready to go to work” on Empire Wind
The Bureau of Ocean Energy Management (BOEM) today announced its approval of Empire Wind’s Construction and Operations Plan (COP). This is the Equinor project’s final approval from BOEM, following the agency’s Record
Ørsted and Equinor bid into NY4 offshore wind solicitation
Efforts to get New York offshore wind back on track continue. Following New York State’s successful third offshore wind solicitation, both Ørsted and Equinor have bid into New York’s fourth offshore wind
Equinor and BP announce a “reset” of Empire Wind 2
Back in November 2023, the New York State Public Service Commission denied petitions submitted by Empire Offshore Wind, Beacon Wind, Sunrise Wind and the Alliance for Clean Energy New York, Inc. (ACENY)
Shell and Equinor to go ahead with Sparta deepwater development
In yet another demonstration of the continuing importance of the U.S. Gulf of Mexico as a source of low carbon intensive production of oil, Shell Offshore Inc., a subsidiary of Shell plc,(51%
Equinor makes new North Sea gas discovery
While BOEM may be making every effort to drag its heels on new U.S. offshore oil and gas exploration and development, things are a little different in Norway. Equinor reports that it
Samuel Byrne joins Equinor Renewables Americas as VP of operations
Equinor reports that it has appointed Samuel Byrne as vice president of operations at Equinor Renewables Americas. Byrne most recently served as vice president responsible for operations & maintenance at Vestas Wind