Equinor powers ahead with floating wind turbines despite oil crash
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OSLO (Reuters) - Norway approved on Wednesday Equinor's 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, the energy ministry said.The long-planned project is going ahead despite Equinor's decision to cut investment following a plunge in oil prices that has reduced the company's cash flow.Five platforms at Norway's Snorre and Gullfaks fields will be the first in the world to receive power..