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 will power 500,000 New York homes and is expected to reach its commercial operation date in 2027. The expected total capital investments, […]

Partners have agreed to bring the two projects under a joint ownership structure in one legal entity, subject to regulatory approvals being obtained before closing. The projects are extensions to the operational Sheringham Shoal and Dudgeon Offshore Wind Farms, which currently power around 710,000 UK homes. The Sheringham Shoal and Dudgeon offshore wind farm Extension […]

Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.  The contract value for the firm period is calculated at around USD 335 million, with planned start-up in the later part of 2025. The contract also includes five one-year options. “We […]

Thanks to generous sponsorship from the Dudgeon Community Fund, operated by Equinor, and distributed by the Norfolk Community Foundation, EEEGR and Skills for Energy were able to offer more than 70 chemistry, physics and engineering students an insight into hydrogen and the part it plays in our energy mix. Through EEEGR (East of England Energy […]

The phrase ‘you can’t be it, if you can’t see it’ is often coined when we talk about enticing young minds into our industry. Thanks to generous sponsorship from OPITO, we were able, through Skills for Energy, to offer 200 children from three local primary schools a chance to enjoy two mornings of offshore wind […]

Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by the end of the third quarter, measured over the previous twelve months. At the end of the third quarter of 2024 the serious incident frequency per million hours worked (SIF) was 0.3, on […]

Equinor is the operator of 19 projects currently under development in Norway. In the proposed National Budget for 2025, the Ministry of Energy listed the status of 13 Equinor-operated projects currently under development or recently completed. The projects in question have a total investment framework of 198 billion kroner, from commencement to commissioning. “Equinor has […]

The world’s first cross-border CO2 transport and storage facility is completed and ready to receive and store CO2. On 26 September the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in Øygarden, near Bergen. The Northern Lights facility is a joint venture between Equinor, Shell and TotalEnergies. “The […]

The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The hook-up of the FPSO to the subsea facilities, preparing it for production start-up towards the end of the year, will now start. “This is an important milestone for Equinor and its partners Vår […]

On Saturday, 7 September, Troll B and C became partly powered from shore. This reduces annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2. This is in line with the plan for development and operation (PDO) for Troll West electrification (TWEL), which was approved by Norwegian authorities in 2021. “Troll B […]