Equinor, Petrobras have inked a letter of intent (LoI) during CERAWeek to expand the cooperation between the two companies and evaluate seven offshore wind generation projects.

The LoI will enable the two companies to assess the technical, economic, and environmental feasibility of seven offshore wind power generation projects off the Brazilian coast with the potential to generate up to 14.5 GW.

“Equinor and Petrobras have a long history of successful partnership. We are happy to expand our collaboration to renewables, enabling a broad energy offering in Brazil. Together we are actively engaging to contribute to the realization of offshore wind and Brazil’s energy transition, by creating the necessary initial conditions for renewables energy to develop in a sustainable way,” says Anders Opedal, CEO in Equinor.