Equinor eyes offshore wind expansion in Brazil

Norway’s Equinor is looking at opportunities in the offshore wind sector in Brazil, the company’s chief executive Anders Opedal said this week according to Reuters.

While Equinor signed an MOU with Petrobras in 2018 to look for offshore wind projects in collaboration, so far nothing has eventuated and Petrobras has not shown a lot of interest in the sector.

Petrobras signalled this week that its priority is to cut the carbon footprint of its oil activities rather than invest in renewables, and so Equinor is likely to continue to go it alone and has applied for several licenses already.

In September, Equinor established a strategic partnership with BP for the development of offshore wind in the US, selling a 50% interest in its Empire Wind and Beacon Wind assets.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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