Statoil forms joint venture for 3.6 GW of offshore wind

The Norwegian oil company has formalized its commitment to British offshore wind by establishing a partnership with SSE.

SSE and Statoil are forming a joint venture concerning the British offshore wind area Dogger Bank. With the establishment of a 50/50 partnership, the British utility and the Norwegian oil company are thus emphasizing their commitment in the development of the three 1.2-GW projects, which the duo has owned jointly over the past month.

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