Equinor (EQNR) Receives Australian Offshore Wind Study License
EQNREquinor(EQNR) ZACKS·2024-06-22 02:41

Equinor ASA (EQNR) , the leading Norwegian energy company, and Oceanex Energy have received a license from the Australian government to evaluate the feasibility of constructing a wind farm off the country’s east coast. The government granted the license in a bid to expand its portfolio of clean energy initiatives.If the construction seems feasible post evaluation, Oceanex, along with Equinor, can apply for a commercial license to build an offshore wind project. The feasibility license enables the developers ...