The petitions sought new agreements, citing supply chain bottlenecks, high inflation, and increases in the cost of capital, driven by rising interest rates.| Factor This™
Equinor and BP have terminated the offshore Empire Wind 2 project, blaming inflation, interest rates, and supply chain disruptions.| Factor This™
Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the first in the US offshore wind sector capable of sailing partly on battery power. The vessel will … Continued| Empire Wind
In campaign appearances, Trump railed against offshore wind and promised to sign an executive order to block such projects.| Factor This™
With a contracted capacity of 810 MW, Empire Wind 1 is poised to be the first offshore wind project to connect to the New York City grid.| Factor This™
The CEO of TotalEnergies says he has decided to put the Attentive Energy project on pause, at least in part due to Trump's anti-wind stance.| Factor This™
