News from Equinor Korea

News from Equinor South Korea

22 May 2026
Important Notice on Bandibuli Project
Important Notice on Bandibuli Project
13 February 2026
Holding Statement on Bandibuli Project
Holding Statement on the Bandibuli Floating Offshore Wind Project
14 February 2025
Equinor Fourth Quarter and Full Year 2024 Results
Equinor delivered adjusted operating income* of USD 7.90 billion and USD 2.29 billion after tax in the fourth quarter of 2024. Net operating income was USD 8.74 billion and net income was USD 2.00 billion, leading to adjusted earnings per share* of USD 0.63.
19 November 2024
Equinor to present at GWEC APAC Wind Energy Summit 2024 in Songdo
- Participation of 10 global experts from Equinor across development, supply chain, and operational areas - Supporting Korea’s renewable energy transition by leveraging global offshore wind leadership
6 November 2024
Equinor reaffirms intention to invest in Korea’s renewable energy market
- Investment registration completed at the 2024 Invest Korea Summit following the investment declaration made in 2023 hosted by President Yoon - Equinor seeks to support the development of Korea’s offshore wind industry and advancing the energy transition
6 November 2024
Equinor and LS Cable & System Explore Collaboration for Bandibuli Floating Offshore Wind Project
On 6th November, Equinor’s Bandibuli floating offshore wind project in Korea reached an important step with the signing of a Memorandum of Understanding (MOU) with LS Cable & System.
5 November 2024
Bandibuli Energy Signs Letter of Intent with Ulsan City for Floating Offshore Wind Farm Development
Bandibuli Energy has announced today the signing of a Letter of Intent (LOI) with Ulsan City and consortium partners for the development of floating offshore wind farms in Ulsan.
1 November 2024
Bandibuli Energy Signs Academic-Industrial Cooperation Agreement with University of Ulsan
Bandibuli Energy Co., Ltd., a subsidiary of Norwegian state-owned broad energy company Equinor, announced today that it has signed an academic-industrial cooperation agreement with the University of Ulsan (President Oh Yeon-cheon), Ulsan University Hospital (Director Jung Yung-ki), and GeoView Co., Ltd. (CEO Kim Hyun-do), a marine exploration specialist company.
29 October 2024
Bandibuli Energy Successfully Hosts 2024 Floating Offshore Wind Technology Symposium
- Over 400 attended, including leading experts in floating offshore wind, along with key supply chain companies - Strong interest in innovative technology partnerships from key Korean companies such as Samsung Heavy Industries, POSCO E&C, and Doosan Enerbility - The Bandibuli Floating Offshore Wind Project will support local supply chain development, technology transfer, and strengthens global competitiveness
23 October 2024
Signing Ceremony of Letter of Intent to join Bandibuli Floating Offshore Wind Power Compensation Regional Council
On October 23, Bandibuli Energy hosted a ceremony at the Mercure Ambassador Ulsan Hotel, where 30 fishing associations from the Ulsan and Gyeongbuk regions submitted their letters of intent to join the Bandibuli Floating Offshore Wind Regional Compensation Council.
22 October 2024
Bandibuli Energy to Host the “2024 Floating Offshore Wind Technology Symposium”
- Supporting technical collaboration with domestic companies to build a track record in floating wind through Bandibuli, one of the world’s largest floating offshore wind projects. - Event will explore ways to develop Korea’s floating offshore wind industry to expand into the global market. - To be held on 29th October at Amoris, GS Tower, Yeoksam, Seoul, with participation from project leadership, floating offshore wind and leading supply chain companies experts.
15 October 2024
Equinor signs MoU with Siemens Gamesa and Doosan Enerbility on Ulsan Bandibuli Floating Offshore Wind Project
- The nacelles of the 15 MW-class wind turbines to be assembled at Doosan Enerbility’s Changwon plant
14 October 2024
Equinor Korea Collaborates with Local Community at the 16th Chuja Island Yellow Corvina Festival
- Equinor Korea volunteers provide support and event prizes for festival attendees. - “A continued effort to coexist and thrive with Chuja residents.” - Plogging event on the festival’s final day.
10 October 2024
Five Ulsan Floating Offshore Wind Power Developers Jointly Sign Contract for Use of World’s Largest 6GW Transmission Electrical Facilities
The Ulsan Floating Offshore Wind Power Association (hereinafter referred to as the DC5) announced on the 10th that five developers have signed a contract with Korea Electric Power Corporation (hereinafter referred to as KEPCO) for the use of the world’s largest 6GW floating offshore wind power transmission electrical facilities.
5 September 2024
University of Ulsan signed 1 billion KRW Fund Agreement with Equinor’s Bandibuli Project in Oslo, Norway
University of Ulsan (President Oh Yeon-cheon) and Equinor’s Ulsan floating offshore wind power project corporation, Bandibuli Energy, signed a 1 billion won regional industry development funding agreement at Equinor’s Fornebu Office in Oslo, Norway on August 20. Through this, the two parties agreed to strengthen their joint research and development cooperation.
16 July 2024
Equinor’s Bandibuli project secures approval of the Environmental Impact Assessment
Successful completion of Bandibuli’s Environmental Impact Assessment through close cooperation with fishermen and government agencies Important milestone to meet criteria for participating in the fixed price contract auction for wind power projects bringing project one step closer to large-scale renewable energy supply Collaborated with over 200 local and international experts to conduct detailed investigations for about two years
14 June 2024
Equinor and Samsung Heavy Industries Strengthen Collaboration on Bandibuli Offshore Wind Farm
Geoje, 13 June 2024 – Equinor and Samsung Heavy Industries (SHI) today reaffirmed their long-standing partnership and commitment to advancing Korea’s energy transition through the development of the Bandibuli offshore wind project in Ulsan.
27 February 2024
Equinor announces fourth quarter and full year 2023 results
2.1% production growth, contributing to energy security Presenting updated outlook for profitable growth towards 2035 with a stronger cash flow, a broader energy offering and lower emissions

News from Equinor Korea

News from Equinor South Korea

Important Notice on Bandibuli Project

Holding Statement on Bandibuli Project

Equinor Fourth Quarter and Full Year 2024 Results

Equinor to present at GWEC APAC Wind Energy Summit 2024 in Songdo

Equinor reaffirms intention to invest in Korea’s renewable energy market

Equinor and LS Cable & System Explore Collaboration for Bandibuli Floating Offshore Wind Project

Bandibuli Energy Signs Letter of Intent with Ulsan City for Floating Offshore Wind Farm Development

Bandibuli Energy Signs Academic-Industrial Cooperation Agreement with University of Ulsan

Bandibuli Energy Successfully Hosts 2024 Floating Offshore Wind Technology Symposium

Signing Ceremony of Letter of Intent to join Bandibuli Floating Offshore Wind Power Compensation Regional Council

Bandibuli Energy to Host the “2024 Floating Offshore Wind Technology Symposium”

Equinor signs MoU with Siemens Gamesa and Doosan Enerbility on Ulsan Bandibuli Floating Offshore Wind Project

Equinor Korea Collaborates with Local Community at the 16th Chuja Island Yellow Corvina Festival

Five Ulsan Floating Offshore Wind Power Developers Jointly Sign Contract for Use of World’s Largest 6GW Transmission Electrical Facilities

University of Ulsan signed 1 billion KRW Fund Agreement with Equinor’s Bandibuli Project in Oslo, Norway

Equinor’s Bandibuli project secures approval of the Environmental Impact Assessment

Equinor and Samsung Heavy Industries Strengthen Collaboration on Bandibuli Offshore Wind Farm

Equinor announces fourth quarter and full year 2023 results