Equinor Suspends Work on $3 Billion Offshore Wind Farm [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
The order relates to a pause on the leases of five offshore wind power projects, declared by the Department of the Interior on national security grounds as identified by the Department of War. Because of these national security concerns, Interior “is PAUSING leases for 5 expensive, unreliable, heavily subsidized offshore wind farms!” Secretary Burgum posted on X today. “ONE natural gas pipeline supplies as much energy as these 5 projects COMBINED. @POTUS is bringing common sense back to energy policy & putting security FIRST!” he added in the post. Empire Wind 1 is one of the five projects whose leases were suspended. The project, if completed, would have a capacity of 810 MW. The installation was 60% complete as of December 22. The gross book value of the project as of September was $3.1 billion, including the South Brooklyn Marine Terminal, which handles the work on the offshore site. Equinor said, as quoted by Reuters, it had drawn some $2.8 billion under a term loan for the p
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EQNR
News
- Equinor's Empire Offshore Wind Reports Compliance With Suspension Order [Yahoo! Finance]Yahoo! Finance
- Equinor Delays Hammerfest LNG Upgrade as Costs Climb Past NOK 20 Billion [Yahoo! Finance]Yahoo! Finance
- Is There Now an Opportunity in Equinor After Recent Share Price Weakness? [Yahoo! Finance]Yahoo! Finance
- Equinor discovers oil and gas near Tyrihans field offshore Norway [Yahoo! Finance]Yahoo! Finance
- Equinor extends IMR services agreement with Subsea7 [Yahoo! Finance]Yahoo! Finance
EQNR
Earnings
- 10/29/25 - Miss
EQNR
Sec Filings
- 12/23/25 - Form 6-K
- 12/16/25 - Form 6-K
- 12/12/25 - Form 6-K
- EQNR's page on the SEC website