The retreat by one of Britain’s biggest oil and gas companies underscores the challenge facing the UK government in developing floating offshore wind into a major industry, just as costs for the technology have increased.
Equinor, partners greenlight $1.3 billion investment for Johan Sverdrup Phase 3
Equinor and Aker BP are investing NOK 13 billion (~$1.29 billion USD) in the third phase of Johan...