22 Apr 2025
The Trump administration’s decision to halt construction of Equinor’s Empire Wind 1 farm off the coast of New York late on Wednesday sent shockwaves through the offshore wind industry, raising concerns that fully-permitted developments representing billions in investment are not safe. Donald Trump’s Interior Secretary Doug Burgum has ordered the Equinor project to cease […]
10 Dec 2024
Shell and Equinor are combining their UK oil and gas assets in a joint venture that will become the country’s largest independent producer. Last month, the UK government increased a “windfall” tax – initially introduced in 2022 following an energy price spike after the Ukraine war. The hike brings the headline tax on the sector to 78%, […]
01 Oct 2024
Norway has opened the gateway to a massive undersea vault for carbon dioxide, marking a significant step towards launching what its operator calls the first commercial service for CO2 transport and storage. The Northern Lights project plans to take CO2 emissions captured across Europe and inject them into geological reservoirs under the seabed. The aim is to […]
29 Aug 2023
Hywind Tampen, the world’s largest floating offshore wind farm, was inaugurated by Equinor and its partners. Hywind Tampen consists of 11 8.6 megawatt (MW) turbines. It’s around 140 km (87 miles) off the Norwegian coast in a water depth of between 260 and 300 metres (853 to 984 feet). It produced its first power in […]