Statoil considers bidding on Norwegian offshore wind

The oil company will bid on floating wind if the Norwegian state is prepared to provide long-term support for proceeds.

Photo: Statoil

Last month, the Norwegian government set the stage for the country's first offshore wind auction. Politicians allocated NOK 34 million (EUR 3.5 million) in the latest National Budget to set up Norwegian Energy Partners (Norwep), which will enable a long-term offshore wind ambition. Last month, Norway's government announced that two specific areas would be opened up for concrete pilot projects in floating wind.

"Norway has a significant maritime and oil-oriented competence which could play a role in the development of floating wind power. In the long term, this technology could contribute globally with a lot of renewable energy as well as provide opportunities for creating jobs and industrial development for Norwegian players," stated Norway's Minister of Petroleum and Energy, Terje Søviknes.

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