12-05-2025
Equinor's Halted New York Wind Project Is Running Out of Time
Time is running out for Equinor ASA 's halted Empire Wind farm off the coast of New York which is costing the Norwegian oil and gas company $50 million a week.
While work at sea is completely stopped, operations at the South Brooklyn Marine Terminal in New York continue, and there are costs associated with keeping people and equipment on standby, spokesperson Magnus Eidsvold said Monday, confirming figures first reported by the Associated Press.
