Shell, Hexcion to Develop Floating Wind Farm

Thursday, June 27, 2019

Swedish floating wind farm designer Hexicon said it is teaming up with energy giant Shell to develop, construct and operate a floating wind farm approximately 40 kilometers offshore Ulsan.

The project will be carried out under a joint development agreement signed by Shell and CoensHexicon. Initial project development has been underway since early 2019 and is being led by CoensHexicon, established in 2018 by Hexicon together with South Korean service provider Coens.

Henrik Baltscheffsky, CEO of Hexicon AB and Director of CoensHexicon, said, “This is the start of our commercial journey in South Korea and similar places around the globe. We have formed a project company in Busan, TwinWind Development Co. Ltd, obtained an adequate water area offshore Ulsan City and are developing the first commercial floating wind farm.”

Baltscheffsky continued, “Our collaboration with Shell will contribute a wealth of skills and expertise when it comes to developing and operating a large floating wind farm. This includes serial manufacturing in South Korea of the patented multi-turbine foundation design developed by Hexicon in Sweden.”

CoensHexicon is developing the emerging South Korean offshore wind market in deeper waters utilizing its twin turbine foundation concept.

Categories: Technology Contracts Energy Offshore Energy Activity Asia Renewables

Related Stories

Zentech, WW Industries Partner

VOS Champion Starts New Charter

Two Injured from Heimdal Platform Blast

Northern Lights Partners Drill Wildcat for CO2 Storage

PetroRio Steadily Growing with Mature Fields

Bowleven Pushes Ahead With Etinde Despite Losses

Offshore Wind Finance Blows into Oil and Gas

AWT, Blount, Chartwell Sign Offshore Vessel Deal

PSA Probes Statfjord Leak

First Jones Act SOV Gets ABS Nod

Current News

US Gulf: Infrastructure-led Exploration

Relieving the Pressure of Subsea P&A Activity

DeepOcean Wins IMR Work from Equnior

Zentech, WW Industries Partner

Saudi Aramco Sets Record $25.6 Bln IPO

Timeline: Saudi Aramco's Winding Road to IPO

Petrobras CEO Says Too Early to Make Carbon Commitment

Cyprus Petitions The Hague to Safeguard Offshore Rights

Majors Press Mexico to Resume Oil Auctions

VOS Champion Starts New Charter

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

Archive
Subscribe

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week