Double down or walk away? Equinor’s Orsted dilemma

Norwegian oil giant’s investment in Orsted forms 'major pillar' of its green transition plan – but will it stay the course with troubled offshore wind developer?

Equinor CEO Anders Opedal and Orsted chief Rasmus Errboe.
Equinor CEO Anders Opedal and Orsted chief Rasmus Errboe.Photo: Getty/AMANDA PEDERSEN GISKE and Orsted
Published 22 August 2025, 03:02Updated 22 August 2025, 03:02
OrstedEquinorDenmarkNorwayEurope