US firm approves NOK 2.3 billion loan for new wind farm for O&G platforms

US-based Enova International has approved an application for funding of up to NOK 2.3 billion (US$260 million) to support the Hywind Tampen project for developing the world’s first floating offshore wind farm supplying renewable power to offshore oil and gas installations.

Once completed, the wind farm will supply 35 per cent of the electricity demand of the Gullfaks A, B, and C and Snorre A and B platforms in the Norwegian sector of the North Sea.

The Hywind Tampen wind farm will consist of 11 wind turbines with a total capacity of 88 MW. It will be developed by Equinor in partnership with Petoro, OMV Norge, ExxonMobil Exploration and Production Norway, Idemitsu Petroleum Norge, DEA Norge, and Vår Energi.


Baird Maritime

Baird Maritime is one of the world's premier maritime publishing houses with headquarters in Melbourne, Australia and a publishing subsidiary in Hong Kong. The group produces two monthly magazines, Ausmarine and Work Boat World and a number of annual publications all focusing on various aspects of the commercial, government and military marine industries. It also presents this maritime portal.