Equinor

Beacon Wind to Repower Community with Renewable Energy Facility

Retrieved on: 
Friday, March 3, 2023

The future converter station, named the Astoria Gateway for Renewable Energy (AGRE), will replace the decades-old plant with a new source of renewable power for New York. The AGRE station will receive 1,230 megawatts of renewable energy – enough to power 1 million homes -- generated by the Beacon Wind offshore wind project, located 60 miles off the eastern tip of Long Island, beginning in the late 2020s. The NRG facility is planned to cease operations and will begin decommissioning in May 2023. Pending permit approvals, Beacon Wind will begin site preparations in 2025, making AGRE one of the first fossil-to-renewable infrastructure repurposing in New York City.

Key Points: 
  • The AGRE station will receive 1,230 megawatts of renewable energy – enough to power 1 million homes -- generated by the Beacon Wind offshore wind project, located 60 miles off the eastern tip of Long Island, beginning in the late 2020s.
  • Beacon Wind will bring an important new source of renewable power to a neighborhood marked by its industrial past, and now, community access to world class education on offshore wind through the Variety Boys and Girls Club.
  • This project will provide sustainable wind energy to Astoria and elsewhere, putting the community on a course to reach the renewable energy goals established in the NY Climate Change Act.
  • Its work in the United States includes the development of two lease areas in New York, Empire Wind and Beacon Wind.

TechnipFMC Awarded Significant Subsea Project by Equinor for the Verdande Field

Retrieved on: 
Thursday, February 16, 2023

TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for the subsea production system for Equinor’s Verdande project on the Norwegian Continental Shelf.

Key Points: 
  • TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for the subsea production system for Equinor’s Verdande project on the Norwegian Continental Shelf.
  • The contract – awarded under TechnipFMC’s framework agreement with Equinor – covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and installation support.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: “This latest contract highlights the close relationship we have with Equinor under the framework agreement.
  • We are delighted that Equinor is once again placing trust in our technology.”
    (1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.

Equinor & bp Host New York City Expo to Bring New Suppliers into Growing Offshore Wind Industry

Retrieved on: 
Monday, February 13, 2023

Over 150 local and regional manufacturers, suppliers, and contractors attended to meet key offshore wind project suppliers and vendors.

Key Points: 
  • Over 150 local and regional manufacturers, suppliers, and contractors attended to meet key offshore wind project suppliers and vendors.
  • The expo focused on finding solutions to industry supply chain issues by developing partnerships with local New York businesses.
  • The event featured panels that focused on workforce development opportunities springing from the substantial new investments in New York’s offshore wind infrastructure.
  • Its work in the United States includes the development of two lease areas off of New York, Empire Wind and Beacon Wind.

Williams Appoints Carri Lockhart to Board of Directors

Retrieved on: 
Monday, February 13, 2023

Williams (NYSE: WMB) today announced that its Board of Directors has appointed Carri Lockhart as an independent director on the Board, effective Feb. 10, 2023.

Key Points: 
  • Williams (NYSE: WMB) today announced that its Board of Directors has appointed Carri Lockhart as an independent director on the Board, effective Feb. 10, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230213005036/en/
    Carri Lockhart joins Williams Board of Directors.
  • With the appointment of Ms. Lockhart, the Williams Board of Directors consists of 12 members, 11 of whom are independent.
  • Lockhart fills the vacancy on the Board created by the resignation of board member Nancy Buese, who recently accepted the role of chief financial officer at Baker Hughes and resigned from the Board due to material schedule conflicts with Williams board meetings.

Skanska announced as the Construction Manager for New York Offshore Wind Hub

Retrieved on: 
Tuesday, February 7, 2023

SBMT will provide crucial infrastructure for the construction of the Empire and Beacon Wind projects, which will bring 3.3 GW of offshore wind power into New York, powering around 2 million homes.

Key Points: 
  • SBMT will provide crucial infrastructure for the construction of the Empire and Beacon Wind projects, which will bring 3.3 GW of offshore wind power into New York, powering around 2 million homes.
  • SBMT is at the heart of our offshore wind hub, and once completed, will become a leading port facility for offshore wind nationwide.
  • Skanska has a long history of construction in the neighborhoods of our projects, Empire Wind and Beacon Wind.
  • Once completed, the terminal will be one of the largest offshore wind hubs in the nation and will serve as a national model for creating an offshore wind energy hub.

Equinor and bp Bid for Third New York Offshore Wind Solicitation

Retrieved on: 
Thursday, January 26, 2023

Equinor and bp’s bid, submitted to the New York State Energy Research and Development Authority (NYSERDA) in response to the state’s most recent offshore wind energy solicitation, would provide New York with renewable energy from the Beacon Wind 2 lease area located approximately 60 miles off the eastern tip of Long Island.

Key Points: 
  • Equinor and bp’s bid, submitted to the New York State Energy Research and Development Authority (NYSERDA) in response to the state’s most recent offshore wind energy solicitation, would provide New York with renewable energy from the Beacon Wind 2 lease area located approximately 60 miles off the eastern tip of Long Island.
  • Power from Beacon Wind 2 would complement the 3.3 GWs of potential offshore wind generating capacity for New York State currently under development by Equinor and bp with the Empire Wind 1 and 2 and Beacon Wind 1 projects.
  • Additionally, working with offshore wind turbine manufacturers, Equinor and bp propose to support the establishment of state-of-the-art facilities to manufacture wind turbine components, such as blades and nacelles, in New York State.
  • “Equinor and bp are eager to build on the significant experience gained through our work in New York over the past five years to bring more offshore wind energy to the state,” said Molly Morris, President, Equinor Wind US.

East Point Energy Announces Project Acquisition Program

Retrieved on: 
Tuesday, January 24, 2023

East Point Energy , an Equinor Company, has announced the launch of its Project Acquisition Program.

Key Points: 
  • East Point Energy , an Equinor Company, has announced the launch of its Project Acquisition Program.
  • The project development team at East Point understands and welcomes development risk in earlier-stage assets; therefore, the acquisition program will consider projects at any stage of development, from pre-construction projects to operating assets.
  • “With our Project Acquisition Program, East Point aims to become a trusted, reliable investment partner to project developers in the renewable energy industry for years to come,” says Andrew Foukal, CEO of East Point.
  • To learn more about East Point’s Project Acquisition Program, please reach out to [email protected] .

Offshore Wind Innovation Hub Announces Opening in Brooklyn

Retrieved on: 
Tuesday, January 24, 2023

The Offshore Wind Innovation Hub (OWIH) is open for business and announced its first call for applications.

Key Points: 
  • The Offshore Wind Innovation Hub (OWIH) is open for business and announced its first call for applications.
  • The Brooklyn-based Hub was founded in mid-2022 to identify and help develop promising start-ups to drive new innovations in the offshore wind industry.
  • “We’re thrilled to launch the Accelerator Program at our Offshore Wind Innovation Hub with our esteemed partners to accelerate innovation in New York’s burgeoning offshore wind industry,” said Molly Morris, President of Equinor Wind US.
  • The Offshore Wind Innovation Hub will also offer membership to stakeholders outside the Accelerator Program.

Shell starts production at Vito in US Gulf of Mexico

Retrieved on: 
Thursday, February 16, 2023

HOUSTON, Feb. 16, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM).

Key Points: 
  • HOUSTON, Feb. 16, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM).
  • Shell is the leading operator in the US Gulf of Mexico for oil and gas production.
  • In this announcement, "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.

Shell starts production at Vito in US Gulf of Mexico

Retrieved on: 
Thursday, February 16, 2023

HOUSTON, Feb. 16, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM).

Key Points: 
  • HOUSTON, Feb. 16, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM).
  • Shell is the leading operator in the US Gulf of Mexico for oil and gas production.
  • In this announcement, "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.