The project can add 320 GWh of renewable energy to the Hammerfest region. The park is planned to be in operation in 2027 so that the experience can be used further in Norway's floating offshore wind investment, including at Utsira Nord.
Japanese energy giant Kansai joins floating offshore wind project in Norway
By Odfjell Oceanwind Dec 7, 2023
Categories: News, Windpower, Floatingwind
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.
Categories: Knowledge
Following a recent private placement, Mitsui O.S.K. Lines, Ltd. (MOL) has become a shareholder in Odfjell Oceanwind, thus becoming an important strategic partner to the company. MOL is one of the largest shipping companies in the world with headquarter in Tokyo, Japan. The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd. combined with the Odfjell family’s direct investment will remain the largest shareholder in the company.
The transaction team at the signing ceremony in Oslo.
Categories: News, Windpower, Floatingwind
UtsiraVIND - Consortium strengthened with new global energy partners Kansai Electric Power and Ingka Investments
By Odfjell Oceanwind Aug 2, 2023
Utsira Nord, Norway – A dynamic offshore wind consortium committed to advancing Norwegian renewable energy has been expanded. The UtsiraVIND Consortium, originated as a partnership between ODFJELL OCEANWIND, a market-leading Norwegian provider of floating offshore wind technologies and SOURCE GALILEO, a fast-growing European renewable energy platform, concentrating on offshore wind development.
Categories: News, Windpower, Floatingwind
Important milestone for realising floating offshore wind project at Goliat
By Odfjell Oceanwind Jun 29, 2023
Kjell Gievær, Director of Arctic Energy Partners and Gunnar Birkeland, CEO of Source Galileo Norge.
Source Galileo and Odfjell Oceanwind have partnered with Arctic Energy Partners to realise a pilot project for floating offshore wind at the Goliat platform in Northern Norway.
Categories: News, Windpower, Floatingwind
Odfjell Oceanwind bringing floating offshore wind power to an industrial scale
By Odfjell Oceanwind Jun 21, 2023
Categories: Knowledge, Windpower, Floatingwind
Deepsea Star™ selected for the GoliatVIND wind park in the Barents Sea
By Odfjell Oceanwind Apr 26, 2023
Odfjell Oceanwind’s floating wind foundation Deepsea Star™ has been selected for the GoliatVIND wind park located in the Barents Sea which is currently under planning. The project is being matured by a consortium consisting of Source Galileo and Odfjell Oceanwind and is aiming at installing three to five floating wind units, each carrying a 15MW wind turbine generator, with an earliest operational startup in 2026.
Categories: News, Windpower, Floatingwind
New floating offshore wind project at Goliat – can provide the Hammerfest region with 300 GWh of renewable energy
By Odfjell Oceanwind Apr 26, 2023
Odfjell Oceanwind, Source Galileo Norge and Vår Energi have started collaborating on a pilot project for floating offshore wind at Goliat.
Categories: News, Windpower, Floatingwind
Is bigger really better? Will floating offshore wind work with 15MW turbines and larger?
Categories: Knowledge, Windpower, Floatingwind
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
Categories: Knowledge