The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.
Equinor has reached a deal to sell its stakes in the Bakken field, onshore US, to Grayson Mill Energy, backed by EnCap Investments, for $900 million.
Bosses at Equinor have heralded the firm’s latest contract win as a “game changer” for its North American operations.
Bosses at Rotech Subsea are celebrating big contracts in the Asia-Pacific region and looking to re-establish a foothold in potentially lucrative US markets.
A leading industry expert is expecting a “rapid” uptake in renewable projects in the US post-election as the new administration makes good on its clean energy pledges.