Each company will hold a 33.3% interest. Their focus will be the Sørlige Nordsjø II (SN2) license area, said to provide a favorable location for power export access to local and adjacent markets.
In addition, the partners plan to assess opportunities to provide clean power to electrify offshore oil and gas facilities, working with local suppliers to develop industrial competencies for Norway’s offshore wind market.
All three companies bring solid experience in offshore energy projects, covering the full chain from development to delivery to market of offshore renewable energy.
bp has interests in the US and UK offshore wind sectors, along with North Sea development and operating experience and international energy trading capabilities.
Aker contributes experience from five decades of designing and executing offshore projects in the North Sea as supplier, developer, and operator.
Aker Horizons will work with the consortium on strategy and financing, supported by Cognite and Aker Solutions.