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Equinor and bp Achieve Key Step in Advancing Offshore Wind for New York

On January 14, 2022, at an event with U.S. Secretary of Energy Jennifer Granholm, New York Governor Kathy Hochul and U.S. Representative Paul Tonko, Equinor and bp announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1.

Equinor and bp Achieve Key Step in Advancing Offshore Wind for New York

Record-High Revenues from the Norwegian Shelf

The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State's revenues from petroleum. Much of this is due to record-high gas prices.

Record-High Revenues from the Norwegian Shelf
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