Equinor urges larger sites for Utsira Nord

Larger offshore wind sites are necessary to achieve effects of scale and minimize costs, says chief exec of Equinor.

BY ANDERS LIE BRENNA, TRANSLATED BY CHRISTOFFER ØSTERGAARD

On Wednesday, Equinor presented its Q1 results, which saw revenue doubling to USD 36.39bn and an even bigger profit jump from USD 1.85bn to USD 4.71bn as well as significant tax payments to the Norwegian state thanks to higher revenue from oil and gas.

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