The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

UPDATE 1-Equinor, BP win New York contracts for offshore wind power

Wed, 13th Jan 2021 19:11

(Adds quotes, background)

OSLO, Jan 13 (Reuters) - Norwegian energy major Equinor
has won a contract to supply offshore wind to the U.S.
state of New York from the planned Empire Wind 2 and Beacon Wind
1 projects, the company said in a statement on Wednesday.

Operator Equinor announced in October it was bidding for the
two projects, which together have the potential to power more
than one million U.S. homes, and with BP as a 50%
non-operating strategic partner.

"The successful bids for Empire Wind 2 and Beacon Wind 1
represent a game-changer for our offshore wind business in the
U.S. and underline Equinor's commitment to be a leading company
in the energy transition," Equinor Chief Executive Anders Opedal
said.

"These projects will also create value through economies of
scale and support our strategic ambition of becoming a global
offshore wind major," he added.

Equinor and BP will provide 1,260 megawatts (MW) of
renewable offshore wind power from Empire Wind 2 and 1,230 MW of
power from Beacon Wind 1, adding to an existing commitment to
provide 816 MW of renewable power from Empire Wind 1.
(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Related Shares

More News
Today 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2% *

Today 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from t...

Today 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln *

Today 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that wer...

Today 09:09

LONDON MARKET OPEN: Stocks track global equities rise while BP falls

(Alliance News) - Stock prices in London opened up on Tuesday, tracking European markets in reaction to New York stocks extending their rally on weake...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.