Big Oil duo Equinor and BP to layout $250m for US Atlantic offshore wind port
Investment set to transform South Brooklyn Marine Terminal into staging and servicing complex for 3.3GW of at-sea plant pair plan to build via Empire 1&2 and Beacon Wind
Transitioning oil giants Equinor and BP have together signed a deal to invest as much as $250m to transform the South Brooklyn Marine Terminal (SBMT) on New York state’s eastern seaboard into a leading offshore wind port to service the 3.3GW of capacity the joint venture currently has under development via its Empire Wind 1&2 and Beacon Wind projects.
The pair’s joint venture (JV) is in the vanguard of the New York’s push to develop 9GW of offshore wind by 2035, with 2GW Empire Wind and 1.3GW Beacon Wind projects are underway, with contracted offtake with the New York State Energy Research and Development Authority (Nyserda) in place.
The duo said they would would invested in unspecified “infrastructure upgrades” that will metamorphose SBMT into an offshore wind staging and operations and maintenance (O&M) hub.
