Kenneth Fossøy

Kenneth Fossøy is VP Business Development at Odfjell Oceanwind and formerly a Senior Commercial Manager at Maersk Drilling. He has broad commercial and BD experience from the energy industry and holds an MSc from Copenhagen Business School.

Latest posts

Published in Offshore Magazine: Tax incentives as a catalyst for floating offshore wind de-carbonisation projects

By Kenneth Fossøy Nov 15, 2023


The great paradox in de-carbonisation of oil and gas with floating wind

 - E&P companies have highly attractive tax incentives available to invest in such projects, but capital is constantly diverted to higher yielding E&P projects.
- Renewable energy companies want to invest in these types of projects but do not have access to the same attractive tax incentives that are available to E&P companies.
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Categories: Knowledge

Tax incentives as a catalyst for floating offshore wind de-carbonisation projects?

By Kenneth Fossøy Mar 16, 2023

  • UK and Norway have set ambitious targets for reducing emissions from their oil and gas activities  
  • Both nations desire to develop their respective industries into global leaders in floating wind  
  • Floating wind is a de-carbonisation solution that could deliver on the emission reduction targets 
  • Tax incentives could be an effective fiscal tool to incentivise de-carbonisation projects  
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Categories: Knowledge

We cannot wake up in 2029 and decide to slash emissions by 50% by 2030

By Kenneth Fossøy Nov 4, 2021

  • The UK and Norway have set ambitious emission reduction targets for 2030
  • Offshore floating wind has been identified as the key tool to de-carbonise the oil and gas industry in both countries
  • Policymakers must enable the floating offshore wind industry to deliver on these targets
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Categories: Knowledge

What is required to accelerate de-carbonisation of the oil and gas industry?

By Kenneth Fossøy Oct 5, 2021

  • A fit for purpose, predictable commercial framework for de-carbonisation is necessary to accelerate investment decisions and to deliver on the oil and gas industry’s de-carbonisation goals.
  • The legal framework needs to be up to date in order to not slow down the green shift.
  • Mobile offshore wind can be an efficient de-carbonisation solution for oil and gas.
Read more ›

Categories: Knowledge

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