Equinor, Technip to together develop floating wind substructures

Equinor, a Norwegian oil business, and Technip Energies, a French energy company, have decided to collaborate on the development of floating wind steel semi-substructures. The partnership intends to speed up the development of technology for floating offshore wind projects while also reducing costs and expanding local value prospects.

Reportedly, Equinor and Technip Energies are collaborating as part of a plan to promote the industrialisation of floating offshore wind. The companies aim to unlock value with their technology and fabrication abilities by partnering early in the design phase of a floating wind farm project.

Earlier this month, Equinor and BP collaborated to launch an offshore wind innovation hub in New York, with the aim of facilitating partnerships with start-ups. The programme is the product of a three-year collaboration between the NY Tandon School of Engineering’s Urban Future Lab, Equinor, and the National Offshore Wind R&D Consortium, which is sponsored by the New York City Economic Development Corporation.

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