TechnipFMC, Magnora form floating wind partnership

March 17, 2021
The companies have agreed to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.

Offshore staff

HOUSTONTechnipFMC and Magnora ASA have agreed to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.

Magnora holds a strategic position within the renewable energy sector as an owner in offshore wind, onshore wind, and solar development projects.

Magnora Offshore Wind has started operations and started work on an application for the first round of seabed leasing through the Scottish government’s ScotWind Leasing program. In addition, the company will participate in the first offshore wind application round in Norway, which opens in 2021, and consider entering new markets in the coming months.

Jonathan Landes, President Subsea at TechnipFMC, said: “This partnership reflects TechnipFMC’s ambition to capture a significant position in the renewable offshore energy market.”

Torstein Sanness, executive chairman of Magnora, said: “Coupled with TechnipFMC’s project management competence and extensive service and technology portfolio, we believe we can provide a market-leading floating offshore wind offering. TechnipFMC’s Deep Purple initiative, which utilizes offshore wind to produce hydrogen for offshore assets, is another exciting avenue we will be jointly looking to explore.”

03/17/2021