BP, Equinor Partner to Develop Offshore Wind Farms off New York, and Massachusetts

Two of Europe’s largest oil companies will develop offshore wind projects jointly in the U.S. in yet another example of energy giants migrating towards the development of renewables. Equinor of Norway, and has entered into an agreement to sell a 50% stake in two of its U.S offshore wind farm projects to Britain based BP for $1.1 Billion. Empire Wind, located just southeast of the Long Island coast, spans 80,000 acres, with water depths of between 65 and 131 feet. Beacon Wind is located 20 miles south of Nantucket, Massachusetts, and covers 128,000 acres. >click to read< 15:40

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