ACHEMA MIDDLE EAST

MHI Vestas gets conditional deal to equip 1.1-GW UK offshore wind farm

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Egypt Government Unveils $5.7bn Oil and Gas Exploration Plan

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawy,...

Equinor Launches Production at Brazil’s Bacalhau Oil Field

Equinor, together with partners ExxonMobil Brasil, Petrogal Brasil, and...

EWEC Awards Khazna Solar PV Project to ENGIE and Masdar

EWEC (Emirates Water and Electricity Company), a key player...

Gazprom, Kazakhstan Sign MOU for New Cross-Border Pipeline

Russia’s energy major Gazprom has signed a memorandum with...

MHI Vestas Offshore Wind A/S has struck a conditional deal to supply turbines for the 1,140-MW Seagreen offshore wind project in the Scottish part of the North Sea.

MHI Vestas, a 50/50 joint venture between Japan’s Mitsubishi Heavy Industries (TYO:7011) and Denmark’s Vestas Wind Systems A/S (CPH:VWS), said in a press release on Monday that the order is conditional and will become part of its order book once its turns into a firm deal. Its materialisation depends on the developer taking a final investment decision (FID).

The Seagreen project is owned by SSE Renewables, a unit of UK utility SSE Plc (LON:SSE), with its overall cost estimated at about GBP 5.7 billion (USD 7.1bn/EUR 6.3bn). The wind park will be installed off the coast of Angus and will be capable of producing about 5,000 GWh of electricity per year, once up and running. Its Phase 1 comprises the Seagreen Alpha and Bravo wind farms that should be completed in 2024.

According to a recent report by Bloomberg, SSE is interested in selling a stake in the scheme and French oil and gas giant Total SA (EPA:FP) has made it to the final round of bidding for the unspecified stake.

Latest stories

Related stories

Egypt Government Unveils $5.7bn Oil and Gas Exploration Plan

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawy,...

Equinor Launches Production at Brazil’s Bacalhau Oil Field

Equinor, together with partners ExxonMobil Brasil, Petrogal Brasil, and...

EWEC Awards Khazna Solar PV Project to ENGIE and Masdar

EWEC (Emirates Water and Electricity Company), a key player...

Gazprom, Kazakhstan Sign MOU for New Cross-Border Pipeline

Russia’s energy major Gazprom has signed a memorandum with...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Translate »