Australia has set a net-zero target by 2050 and has signalled a strong desire to accelerate renewable energy as part of its energy mix.
The Commonwealth Government has signalled a strong desire to develop an offshore wind market in Australia with new legislation and an emerging regulatory framework coming into effect recently.
Our ambition is to apply our industrial offshore experience and broad energy competence to create long-lasting value and supply homegrown renewables power to Australia.
Equinor opened a country office in Sydney in September 2023. Assessing renewable opportunities in Australia supports our strategy as a global offshore wind major to build scale in core areas and secure growth options in attractive new markets early.