There are suppliers of equipment, contractors for acquisition and installation of equipment, and operators of the installations. As you suggest, the major oil companies are heavily involved as operators. Equinor, the Norwegian Energy Company, pretty much missed the boat on shallow water, seabed offshore wind. They are determined to dominate at least some markets for floating offshore wind. It is a risky play, given the present relative costs of seabed vs. floating offshore turbines. But the prize may be commensurately large.
Who is in prime position for the future of offshore wind construction?
- Aug 31, 2020 7:40 pm GMT
Who is in prime position, for the future of offshore wind construction?
With forecasted growth to be 10-fold over the next 10 years. As an offshore contractor if you are not looking in this area for vessel utilisations you will be left behind.
Below are my thoughts on who is currently ahead of the game.
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