The energy transition:
The defining challenge opportunity of our time.
Does a future exist where we can ensure enough energy for everyone, while also being good stewards of our planet?
The world needs more energy — but it must be affordable, reliable, accessible. How will we do it?
By accelerating the energy transition — growing our portfolio in renewable energy, cutting greenhouse gas emissions from oil and gas production, and developing technology that accelerates decarbonization.
By the time the global population reaches 9 billion in 2050, our goal is to be a net-zero company: delivering the energy the world needs, without contributing to global warming.
That’s why we believe the energy transition is the defining opportunity of our time.
Offshore Wind
Can a wind turbine
generate more than electricity?
At Equinor, we’re planning to power nearly two million homes in New York with homegrown, renewable energy. But there’s more.
As a broad energy company with an ambitious net-zero target for 2050, we’re pursuing the development of offshore wind projects in the US and quickly becoming a leader in the country’s growing offshore wind industry.
That way we’re not only helping providing homes and industries with clean power and generating value, but also helping the US to meet its climate targets.
3.3 GW
Renewable offshore wind energy
~ 2,000,000
homes to be powered by offshore wind
Equinor selected for largest-ever US offshore wind award
On January 13, Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date.
Empire Wind and Beacon Wind
The U.S. East Coast is one of the most attractive growth markets for offshore wind in the world, and these projects will deliver homegrown, renewable electricity to New York. They represent a game-changer for our offshore wind business in the U.S. and demonstrate our commitment to be a leading company in the energy transition. Empire Wind and Beacon Wind are being developed by Equinor and bp through their 50-50 strategic partnership in the U.S.
EMPIRE WIND
Empire Wind is located 15-30 miles southeast of Long Island and spans 80,000 acres, with water depths of between 65 and 131 feet. The lease was acquired in 2017 and is being developed in two phases (Empire Wind 1 and 2) with a total installed capacity of more than 2 GW (816 + 1,260 MW).
BEACON WIND
Beacon Wind is located more than 60 miles east of Montauk Point and 20 miles south of Nantucket and covers 128,000 acres. The lease was acquired in 2019 and has the potential to be developed with a total capacity of more than 2.4 GW. First phase installed capacity: 1,230 MW.
The US is a core area for
Equinor’s oil & gas production.
We are the 5th largest producer of oil & gas in the US Gulf of Mexico and our US onshore operations are Equinor’s largest international production outside Norway.
~260,000 boe/d
of gas and oil equivalent per day produced in U.S
As of 1Q 2021, includes non-operated and equity production
Onshore oil and gas
We are applying innovative technology to ensure that our onshore assets are producing energy safely and with the lowest possible CO2 and methane emissions.
~112,000 boe/d
Our production from the Gulf of Mexico
Offshore oil and gas
We are taking our proven experience from the Norwegian continental shelf and elsewhere and applying it to our position offshore in the Gulf of Mexico.
Innovation & Partnerships
We’re innovating with others to shape the energy of the future.
Lowering emissions
In the US we are ambitiously working to reduce our methane emissions towards a zero emissions future.
150 new technologies
evaluated in the US every year
The need for a low carbon future poses new challenges that require partnerships, collaboration and innovative minds to create new energy solutions. We recognize that we’re not the only ones with big ideas for sustainable ways to power the world. That's why we closely partner with industry peers, NGOs and leading academic institutions. Many of these partnerships are led from the United States, one of our key innovation hubs.
Safety
First and foremost, safety.
Our people are the most essential part of our company, and that’s why safety and security is our top priority. We focus on preventing all accidents related to people, assets and the environment by creating a strong culture of safety that is at the core of our procedures and operations in every facility.
To share views about safety and environmental matters in our US offshore business, contact SafetyandEnvironment@equinor.com
Our people: Recruitment
Our people are at the heart of everything we do, and we’re building a workforce that reflects the diversity of the business and communities that we operate in. Join us and work to shape the energy of the future!
Over the last 30 years we have strengthened our presence in the US, employing a thousand people in all of our US office locations
Equinor corporate news in the US:
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February 10, 2021Equinor sells its US onshore assets in the Bakken
Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD 900 million.
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January 29, 2021
Equinor and bp complete US offshore wind transactions and formation of strategic partnership
Equinor and bp have completed their previously announced transaction, whereby Equinor has sold a 50% interest in both the Empire Wind and Beacon Wind assets on the US east coast for a total cash consideration of around USD 1.1 bn excluding customary purchase price adjustments.
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January 13, 2021
Equinor selected for largest-ever US offshore wind award
Today, Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date.
Our offices in the US
Since 1987, Equinor has had a presence in the United States. Today, our three locations are key to our strategy and helps drive innovation in our company.
In Houston, we manage key strategic and innovative initiatives and our offshore exploration and production activities.
Our location in Stamford, Connecticut is the center for our trading activities and our offshore wind projects.
