Reuters Reported Equinor Halts Vietnam Offshore Wind Plans; To Close Hanoi Office
Portfolio Pulse from Benzinga Newsdesk
Equinor has decided to halt its offshore wind plans in Vietnam and will close its office in Hanoi. This decision reflects a strategic shift in Equinor's operations in the region.
August 23, 2024 | 11:03 am
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Equinor has halted its offshore wind plans in Vietnam and will close its Hanoi office, indicating a strategic shift in its regional operations.
The decision to halt offshore wind plans and close the Hanoi office suggests a strategic shift that could impact Equinor's growth prospects in renewable energy in Asia. This may lead to a negative short-term impact on the stock as investors react to the change in strategy.
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