We are an international energy company headquartered in Norway with around 23,000 employees in around 30 countries, and our purpose is: Energy for people. Progress for society. Searching for better…
Every day, more than 170 million people around the world benefit from the energy we provide. Energy that not only powers their needs but enriches their lives. At the same time, we aim to be a net zero company by 2050, finding new solutions to oil, gas, renewables and low carbon in the energy transition.
Equinor in Korea
After considerable efforts to mature Equinor's first floating offshore wind project in Korea and make it commercially viable, we have decided to stop the Bandibuli project.
Over the years, Equinor has invested in maturing the project. We have undertaken community engagement, permitting, consenting and development activities, including seeking a viable power offtake solution to make Bandibuli investable and bankable.
We want to recognize the significant efforts of many stakeholders that contributed to seeking solutions for Bandibuli.
The future of our activities in Korea is under review and further information will be shared in due course.
