European majors are well placed to take advantage of a $1 trillion investment boom in offshore wind, as analysis suggests projects can return 25% higher operating margins than new oil and gas fields.
Subsea 7 (OSLO:SUBC)is preparing to start the engineering, procurement, installation and commissioning of inter-array grid cables for a Scottish wind farm.
Should offshore wind be measured in knots or watts? At Equinor, we measure it in gigawatts. When completed, Dogger Bank offshore wind farm could provide the UK with 3.6GW of electricity – enough to power 5 million homes. See how we’re accelerating the UK energy transition at equinor.co.uk
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising “every platform” sitting in Scottish waters of the North Sea.
“We've got to learn from what others have gone through, but at the same time pass on our own learnings to other industries,” says Offshore Energies UK’s (OEUK) new safety boss Mark Wilson.
Doubt has been cast on delivering the UK's largest offshore wind tower factory at Nigg in the Highlands next year after a key Spanish partner made its exit.