Equinor continues foray into floating wind with new North Sea partnership

Equinor continues foray into floating wind with new North Sea partnership

Equinor has solidified its position as one of the frontrunners in floating offshore wind with a new collaboration agreement.

The Norwegian energy giant has teamed up with renewable energy firm Vårgrønn to jointly apply for acreage to develop the technology in Utsira Nord in the Norwegian North Sea.

Vårgrønn, which is based in Stavanger, was established by HitecVision and Italian oil and gas firm Eni last year with the aim of developing 1 gigawatt (GW) of installed green energy capacity by 2030.