Norway's Equinor Sinks Floating Offshore Windfarm Plan

GALWAY, IRELAND--June 5, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norwegian oil company Equinor (NYSE:EQNR) (Stavanger, Norway) has put plans for a major floating offshore windfarm in the North Sea on ice citing a number of reasons including rising costs. Within this article: Details cancellation of floating offshore wind project, reasons, related projects and European investment potential