The move will also transfer interest in Empire Wind to Equinor.
This is happening because both companies have different plans for "value". BP's is to sell any equity from the project. The new structure also allows both companies to renegotiate rates with New York.
This is happening because both companies have different plans for "value". BP's is to sell any equity from the project. The new structure also allows both companies to renegotiate rates with New York.