The Trollvind floating wind project is no longer commercial due to rising costs, said Equinor.
Oil and gas accounts for 25% of CO2 emissions from Norway. Quite simply, if the industry doesn’t step up then the country cannot meet its climate targets.
Equinor is studying the potential for a new 1GW wind farm to power a series of oilfields in the North Sea.
Statoil has awarded the NOK1.1billion 10-year contract for insulation, scaffolding and surface treatment maintenance services at Sture and Kollnes to services company Prezioso Linjebygg.