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Equinor and bp sign $250m agreement for offshore wind NYC port hub
Energy - MARCH 4, 2022

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Equinor and bp sign $250m agreement for offshore wind NYC port hub

by Released

Equinor and its partner bp announced a $200 million to $250 million agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, N.Y., into a major regional hub for offshore wind.

At approximately 73.1 acres, SBMT will be one of the largest dedicated offshore wind-port facilities in the United States. It is the only industrial waterfront site in the New York City area with the capacity to accommodate wind turbine generator staging and assembly activities at the scale required by component manufacturers.

Under the agreement, the terminal will transform into a world-class offshore wind port staging and assembling the largest, most sophisticated offshore wind technology components for the Empire Wind, located 15 to 30 miles southeast of Long Island, N.Y., and spans 80,000 acres, and Beacon Wind projects, located more than 60 miles east of Montauk Point and 20 miles south of Nantucket and covers 128,000 acres, and for the growing U.S. offshore industry

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