We aim to bring energy to a growing population to create value for our shareholders and the communities where we operate. This guides our work towards a future where energy is affordable and sustainable for all.
We were founded on the idea that industrial development undertaken by skillful people should create value for society.
Headquartered in Norway, we are present in more than 30 countries worldwide and have more than 20,000 employees. We are listed on both the New York and Oslo stock exchanges.
Experts claim the potential for wind power off the coasts of America is as much as one terawatt -- 13 times the total from land-based wind farms in the US at present. California and Delaware are exploring the construction of wind farms off the coast of both states.
Co-developers Statoil, Masdar, and Statkraft this week officially opened the 402 MW Dudgeon Offshore Wind Farm off the coast of Norfolk in eastern England, after construction costs fell by 15% since the original investment decision.
While a rapid, wholesale move away from fossil fuel dependence would be required if extreme anthropogenic climate warming and instability was to be avoided to any real degree, that fact truly doesn't seem to have sunk in for many of those in the world now. The strategy being taken by most people see…