Equinor ASA

New Capabilities

JIP participant and Fram Sør project operator

SLB OneSubsea has finished a joint industry project in Brazil that qualifies fully electric subsea production equipment for water depths up to 3,000 meters. The work with TotalEnergies, Equinor, bp and Chevron, under Brazil's National Petroleum Agency research rules, replaces the hydraulic pressure that has long operated subsea valves and chokes with electric motors.

Updated Oct 26

Built World

Co-developer of Dogger Bank D

Balfour Beatty has won the first phase of National Grid's Birkhill Wood 400kV substation in East Yorkshire, the station that will carry power from three planned Dogger Bank wind farms onto the grid. The award came through National Grid's £8 billion Electricity Transmission Partnership, under which Balfour Beatty became delivery partner for North East England in 2025.

Updated Oct 25

Rule Changes

Empire Wind construction resumed after January 15 preliminary injunction from Trump-appointed judge

All five East Coast wind farms that Interior Secretary Doug Burgum froze in December 2025 were back at work by early February, after federal judges in three districts granted preliminary injunctions. The building has gone on since: Ørsted's Revolution Wind finished offshore construction and has sent power to the New England grid since March, and Dominion's Coastal Virginia project is more than 80 percent built and delivering electricity.

Updated Oct 23

Rule Changes

As of May 2026: Suing Trump administration over offshore wind project freeze

Donald Trump's second-term energy agenda has moved from a single Gulf auction to a full-scale offshore transformation. The December 10 Gulf lease sale—81.2 million acres at a 12.5% royalty rate, generating $279.4 million—was just the opening move. By year's end, the administration had proposed a sweeping 2026-2031 leasing plan covering 1.27 billion acres off California, Florida and Alaska, and scheduled a second Gulf sale for March 11, 2026. It simultaneously halted all five major East Coast offshore wind projects, citing national security risks; Shell-INEOS's early January oil discovery south of New Orleans showed the industry's bet on deepwater Gulf prospects.

Updated May 10