Equinor, Naturgy partner to develop offshore projects in Spain

Equinor has signed an agreement with Naturgy to compete in Spain’s upcoming offshore wind auction. The country’s first offshore wind auction is slated to take place in 2023 off the coast of the Canary Islands. Its mission is to support the Spanish government in attaining its target of installing up to 3 GW of offshore wind capacity by 2030. Under the agreement, Equinor and Naturgy will jointly investigate prospects to develop and build a floating offshore wind project.