Equinor sets out its renewables vision
The Norwegian oil and gas firm gives its New Energy Solutions division significant CMD airtime
Norway’s Equinor fielded the usual line-up of CEO and CFO at its fourth quarter and full year results and capital markets day (CMD) in London on Thursday. But it also put up a third speaker, Pal Eitrheim, executive vice-president, New Energy Solutions, as the firm outlined its ambitions in the renewables sector. “I think it is a strong signal about the strategic importance and potential of this business for Equinor”, Eitrheim told the audience, noting that “2019 was a game changer” for the business due to winning offtake contracts for the Dogger Bank offshore windfarm in the UK—slated to be the largest such facility globally—and Empire Wind off the coast of New York state. The firm plans
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