Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Carbon Compared Launches Free Interactive Tool to Compare High‑Integrity Carbon Credits

August 7, 2025

Rolls-Royce Partners with INERATEC to Power Data Centers with E-Fuels

August 7, 2025

Golar LNG secures 20-year FLNG charter with Argentina’s Southern Energy

August 7, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Equinor’s Empire Wind project resumes after stop work order lifted
North America

Equinor’s Empire Wind project resumes after stop work order lifted

omc_adminBy omc_adminMay 20, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Following dialogue with regulators and federal, state, and city officials, the U.S. has lifted the stop-work order on the Empire Wind project, allowing construction to resume. Once complete, the offshore wind development will provide power for 500,000 New York homes, Equinor said in a statement. 


 “I would like to thank President Trump for finding a solution that saves thousands of American jobs and provides for continued investments in energy infrastructure in the U.S.,” said Anders Opedal, President and CEO of Equinor ASA. “I am grateful to Governor Hochul for her constructive collaboration with the Trump Administration, without which we would not have been able to advance this project and secure energy for 500,000 homes in New York. We are very appreciative of New York City Mayor Adams, congressional leaders including Senator Schumer, Senator Gillibrand, Representative Garbarino, and Representative Goldman, as well as labor groups and other advocates that have maintained their steadfast support for the project.” 

“I would like to thank the Norwegian Prime Minister Støre and Minister of Finance Stoltenberg for their support at a critical time, and that the Minister of Finance raised the situation with the U.S. administration,” Opedal continued.

“This project delivers on the energy ambitions shared by the United States and New York by providing a vital new source of power to the region. Empire Wind brings supply chain investments in states across the nation including New York, Louisiana, Pennsylvania, Texas and South Carolina,” said Molly Morris, President of Equinor Wind U.S.

“We appreciate the Trump administration’s swift review of the Empire Wind project and engagement with state and local governments and other stakeholders. Lifting the stop work order underscores the project’s critical role in safely advancing American energy, shipbuilding, workforce development and economic growth,” said National Ocean Industries Association (NOIA) President Erik Milito. “With power demand surging due to AI, data centers, and advanced manufacturing, offshore wind is an important part of an all-of-the-above solution.”

Equinor will perform an updated assessment of the project economics in the second quarter. Empire aims to be able to execute planned activities in the offshore installation window in 2025 and reach its planned commercial operation date in 2027. Empire will engage with suppliers and regulatory bodies to reduce the impact of the stop work order.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

AMEXHI applauds Mexico’s initiative to strengthen Pemex, national production

August 6, 2025

bp starts up Argos expansion project in U.S. Gulf

August 4, 2025

Technip Energies lands major contract for Commonwealth LNG’s U.S. facility

August 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Carbon Compared Launches Free Interactive Tool to Compare High‑Integrity Carbon Credits

By omc_adminAugust 7, 2025

Carbon Compared New platform helps companies source quality carbon credits without expensive consultants Aggregates verified…

Golar LNG secures 20-year FLNG charter with Argentina’s Southern Energy

August 7, 2025

Occidental sells Permian assets, raises $950 million for debt reduction

August 7, 2025

Civitas divests $435 million in DJ Basin assets, names interim CEO in leadership shift

August 7, 2025
Top Trending

Rolls-Royce Partners with INERATEC to Power Data Centers with E-Fuels

By omc_adminAugust 7, 2025

‘Unprecedented’ wildfire burns area size of Paris in southern France | France

By omc_adminAugust 6, 2025

JPMorgan Mansart Launches Sustainability-Focused Global Equity Fund

By omc_adminAugust 6, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20253 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

BP Starts Up Argos Extension Project in Gulf of America

August 7, 2025

Golar LNG secures 20-year FLNG charter with Argentina’s Southern Energy

August 7, 2025

Energy Transfer to Build $5.3B TX to AZ Natural Gas Pipeline

August 6, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.