Equinor US news

Empire Offshore Wind LLC (Empire), a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume.

In accordance with a halt work order issued by the US government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project.

The U.S. Department of Energy (DOE) finalized the Standard Lithium and Equinor USD 225 million grant for the South West Arkansas (SWA) lithium project.

Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached at the end of December 2024.

Equinor has signed an agreement with EQT Corporation to acquire additional non-operated interest in the Northern Marcellus formation in the US. Equinor will pay USD 1.25 billion to EQT in the transaction.

Equinor has been announced as a provisional winner in the Bureau of Ocean Energy Management’s (BOEM) offshore wind energy lease auction in the U.S. Central Atlantic region. The ~2 gigawatt (GW) lease will have the capacity to produce enough energy to power approximately 900,000 U.S. homes.

Revitalized SBMT will support Equinor’s Empire Wind 1 as offshore wind era advances in New York

Equinor today announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the Empire Wind 1 offshore wind project.

Equinor has entered into an agreement with Standard Lithium Ltd to acquire a 45% share in two lithium project companies in Southwest Arkansas and East Texas.

Equinor and EQT Corporation have agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio for a stake in EQT’s non-operated interest in the Northern Marcellus formation.

Two inaugural projects in Texas announced following the company’s acquisition of East Point Energy strengthening Equinor’s broad energy portfolio in the US.

New York State Energy Research and Development Authority (NYSERDA) today announced Equinor’s Empire Wind 1 project one of the conditional winners in its fourth offshore wind solicitation round.

Equinor (OSE: EQNR, NYSE: EQNR) has entered into a swap transaction with bp, under which Equinor will take full ownership of the Empire Wind lease and projects and bp will take full ownership of the Beacon Wind lease and projects.

Equinor and bp today announced an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind project in the US with potential generative capacity of 1,260 MW.

Equinor and its operating co-owner, Shell Offshore Inc., a subsidiary of Shell plc, have reached the final investment decision for the Sparta deepwater development, located in the US Gulf of Mexico (GOM). Equinor holds a 49 percent interest in the field.

Equinor has acquired a 25 percent interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas.