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Equinor prepares for floating offshore wind in South Korea

The Norwegian oil company has signed a Memorandum of Understanding with state-owned Korea National Oil Corporation (KNOC) on a collaboration to develop commercial-scale floating offshore wind in South Korea.

Photo: Principle Power

Norwegian oil giant Equinor is exploring possibilities for developing commercial-scale floating offshore wind in South Korea.

The company has signed a Memorandum of Understanding (MoU) with state-owned Korea National Oil Corporation (KNOC) for a collaboration, writes Equinor in a press release Friday morning.

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