a day ago
- Business
- AU Financial Review
Oil and gas giant abandons third Australian offshore wind project
Labor's plans to establish a nationwide offshore wind industry have been dealt a fresh blow after Norwegian oil and gas giant Equinor confirmed it had walked away from one of its last remaining Australian projects.
The Norwegian multinational has had a majority interest in the Bass Offshore Wind Energy, or BOWE, project off the northeast Tasmanian coast since December 2022, when it joined forces with local developer Nexsphere.
