Equinor Bolsters South Korea Floating Wind Ties

Norway's Equinor has signed a Memorandum of Understanding (MoU) with South Korea's Ulsan City to cooperate on the development of floating wind projects in South Korea.

Under the MoU, Equinor and Ulsan City will jointly explore the opportunities for the development of floating wind projects in South Korea.

According to Ulsan City, Equinor, the operator of the world's first and only commercial floating wind farm, will share its expertise in establishing a local supply chain for both the technology and the manpower needed for the projects.

Earlier this year, Equinor signed an MoU with Korea National Oil Corporation (KNOC) to jointly explore the opportunities of developing commercial floating offshore wind in South Korea. KNOC is looking to develop a 200MW floating offshore wind project at its existing Donghae platform 58km off the coast of Ulsan City.

Related news

List of related news articles

Posted: 4 months ago

Equinor, KNOC Embark on South Korean Floating Wind Mission

Equinor and the state-owned Korea National Oil Corporation (KNOC) have signed a Memorandum of Unders...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 4 months ago

South Korean Floating Wind Attracts Big Names

The City of Ulsan has signed a Memorandum of Understanding with four domestic and foreign partnershi...

Categories:
  • Contracts & Tenders
Posted: 4 months ago
Posted: 3 months ago

EU Nods to Four French Floating Wind Farms

The European Commission has approved French plans to support four demonstration floating wind farms,...

Categories:
  • Authorities
Posted: 3 months ago
Posted: 4 months ago

SENER Joins Scottish Floating Wind Project

Engineering and technology group SENER has announced its involvement in the 50MW Kincardine floating...

Categories:
  • Wind Farm Update
Posted: 4 months ago