Fred Olsen Energy News


Scottish Floating Wind Farm Secures Onshore Planning Consent

Jun 20, 2025

Muir Mhòr floating wind farm, being developed by Vattenfall and Fred. Olsen Seawind, has received consent for the onshore application from Aberdeenshire Council today in a big step forward for the 1 GW project.The decision was taken at a meeting…

First Turbine Stands Tall at Iberdrola’s 476MW Offshore Wind Farm

May 09, 2024

The first of a total of 50 wind turbines has been installed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Abu Dhabi Future Energy Company (Masdar), located off the German Baltic coast.Working in partnership with Vestas…

COWI to Design Foundations for GW-Scale Irish Offshore Wind Project

Apr 15, 2024

Codling Wind Park has appointed the international engineering firm COWI for the front-end engineering design (FEED) and detailed foundations design work for the 1.3 GW offshore wind farm in Ireland.The development marks a crucial step forward…

Vattenfall Concludes Sale of Norfolk Offshore Wind Zone to RWE

Mar 27, 2024

Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE, with the agreed purchase price corresponding to an enterprise value of $1.21 billion (£963 million). The deal ensures continued development of the Norfolk Zone which…

BOOST Consortium Deploys Offshore Solar Demonstrator in Spain

Jan 03, 2024

The BOOST project consortium, coordinated by Norwegian company Ocean Sun, has deployed a 270 kWp-rated offshore floating solar demonstrator close to the port of Tazacorte at La Palma, one of Spain’s Canary Islands.Partially funded by the European Union…

Fred. Olsen Windcarrier Secures Work at Baltica 2 Offshore Wind Farm

Jan 03, 2024

Offshore wind installation services company Fred. Olsen Windcarrier has been awarded a contract with Ørsted and PGE for the installation of wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland.Fred. Olsen Windcarrier will mobilize…

Installation of Saint-Brieuc Offshore Wind Turbines Fully Completed

Dec 18, 2023

Ailes Marines, a fully-owned subsidiary of Iberdrola, has completed the installation of all 62 wind turbines that form the Saint-Brieuc offshore wind farm in France.Less than three years after the start of construction and installation works…

Ørsted Exits Norwegian Offshore Wind Partnership

Nov 13, 2023

Denmark-based offshore wind developer Orsted has decided to pull out of the Norwegian offshore wind partnership due to prioritization of investment in its portfolio.Ørsted joined Bonheur ASA's subsidiary Fred. Olsen Renewables AS, now Fred. Olsen Seawind ASA…

Terje Askvig Joins Prosafe as New CEO

Nov 01, 2023

Prosafe, an offshore accommodation rig provider, has welcomed Terje Askvig as its new CEO.'Terje brings extensive experience from shipping, oil service and private equity and has among others experience from Eitzen Chemical, Fred Olsen & Co and Triton Partners…

Siem Topaz Vessel's Contract in Taiwan Extended to Q4 2024

Sep 11, 2023

The Norwegian offshore vessel Siem Offshore said Monday it had secured a contract extension for the AHTS Siem Topaz with a local client in Taiwan. The contract will start in direct continuation of the current contract, for a firm period reaching into Q4 2024…

Fred. Olsen Windcarrier to Install Monopiles for 640 MW Offshore Wind Farm in Taiwan

Sep 01, 2023

Offshore wind installation services firm Fred. Olsen Windcarrier (FOWIC) has been awarded a contract working with Shimizu for the transportation and installation of monopile foundations for the 640 MW Yunlin offshore wind farm off the west coast of central Taiwan…

Terje Askvig Appointed CEO of Prosafe

Jul 27, 2023

The Board of Directors of Norway-based semi-sub accommodation vessel operator Prosafe has appointed Terje Askvig as the new CEO.He will start in his new position on November 1, 2023, with Reese McNeel continuing as interim CEO until then.For the last 11 years…

Fred. Olsen 1848 Introduces Floating Solar Array

Jun 20, 2023

Fred. Olsen 1848 has introduced near and offshore floating technology it has named BOLETTE.The company says it has overcome the main challenge for floating solar, particularly in marine environments: how to handle wave loads in combination with wind…

Codling Wind Park Successful in Ireland's First Offshore Wind Auction

Jun 15, 2023

Codling Wind Park Ltd. (Ireland) said Thursday it had received confirmation that it was a successful bidder in the first offshore wind CfD auction in Ireland (ORESS 1).The company is a 50/50 joint venture between Fred. Olsen Seawind, wholly owned by Bonheur ASA…

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