President-elect Trump has issued his sharpest threat yet against the offshore wind industry, endangering billions of dollars ...

GE Vernova CEO Scott Strazik said offshore wind won’t thrive while participants in the sector “can’t drive a profit” but sees ...

New York City will soon be getting its own personal offshore wind farm. The Empire Wind 1 project just received a US$3 ...

Software solutions provider PakEnergy LLC has acquired well management servicer Petrosight Inc. to enhance lifecycle well ...

UK shipowner Union Maritime has secured long-term contracts with Norwegian oil major Equinor for tanker newbuildings. The ...

Morgan Stanley upgraded Equinor (EQNR) to Overweight from Equal Weight with a price target of $30.90, up from $25.80 as part of a broader ...

Equinor's Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached at the end of December 2024.Empire Wind 1 wil. . .

Equinor announced a final investment decision on Empire Wind 1 and financial close for $3 billion in debt financing for the under-construction project offshore Long Island.

The Troll field in the North Sea reached a historic production milestone in 2024, producing 42.5 billion standard cubic meters of natural gas, a ...

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Equinor’s Empire Wind 1 project will power 500,000 New York homes and is expected to reach its commercial operation date in ...

Equinor has secured $3 billion to finance New York’s Empire Wind 1 offshore wind farm, which will provide power for 500,000 homes when it comes online in 2027. It’s set to become the first offshore ...