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Norway's Equinor booked on Wednesday a $955 million impairment on an offshore wind project in the United States, citing U.S.
Equinor posted a record $74.9 billion adjusted operating profit on Wednesday, more than doubling its previous high and sending the Norwegian oil and gas producer's shares up more than 7%.
Equinor emphasizes that these upgrades will extend the life of the Snohvit field — Norway’s first Barents Sea development, operational since 2007 — and maintain energy supply to Europe ...
Equinor ASA acquired a $2.5 billion stake in Danish wind energy giant Orsted A/S, pairing one of the Nordic region’s biggest fossil fuel companies with its largest renewable power developer.