Real Assets
Equinor has decided to postpone further development of the Trollvind offshore wind initiative indefinitely. : Norwegian energy major Equinor has decided to postpone further development of the Trollvind offshore wind initiative indefinitely. Equinor said that the decision was based on several challenges facing the project, including technology availability, rising cost, and a strained timetable to deliver on the original concept. The company added that it informed the relevant authorities of the decision. The Norwegian company has previously announced reduced activity in the project due to technical, regulatory, and commercial challenges to the project.