Fred Olsen Energy News


Fred. Olsen 1848: Bonheur's New Firm Developing Mobile Ports, Floating Wind, Solar Solutions

Nov 23, 2021

Bonheur, a Norwegian holding company for the Olsen family, has established Fred. Olsen 1848, described as a company dedicated to developing technologies and solutions for the renewable energy industry.'In Fred. Olsen 1848 we are determined to act now…

Norway to Support Ocean Grid Offshore Wind Project

Sep 03, 2021

The Norwegian government has set aside 82.7 million crowns ($3,86 million) to support Ocean Gird, a project that looks to develop new technology and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf…

Heerema, Shimizu in Offshore Wind Pact in Japan

Sep 02, 2021

Japan-based Shimizu Corporation has signed an offshore wind partnership agreement with the Dutch offshore installation giant Heerema Marine Contractors.The cooperation, targeting the Japanese offshore wind market, is primarily focused on installing turbine foundations…

Fred. Olsen Windcarrier to Install Vestas Turbines at Baltic Eagle Offshore Wind Farm

Jul 05, 2021

Offshore installation firm Fred. Olsen Windcarrier (FOWIC) has secured a deal with wind turbine maker Vestas for the transportation and installation of 50 Vestas V174-9.5MW wind turbines at the Baltic Eagle offshore wind farm in Germany. The…

Fred. Olsen Ocean, Shimizu in Offshore Wind Pact

Jun 29, 2021

Fred. Olsen Ocean (FOO), including its subsidiaries Fred. Olsen Windcarrier (FOWIC) and Global Wind Service (GWS), on Tuesday announced a partnership with Shimizu Corporation (Shimizu) to support growth and development in the offshore wind industry in Japan and worldwide…

Fred. Olsen Renewables, Vattenfall Team Up to Bid for Offshore Wind Sites in Scotland

Jun 25, 2021

Fred. Olsen Renewables and Vattenfall said Friday they'd teamed up to jointly bid in the upcoming leasing round for offshore wind in Scotland.Depending on the outcome of the bidding, the partners indicated they'd focus on maximizing value for…

Halfway There: 50th Turbine Installed at Moray East Offshore Wind Farm

Jun 11, 2021

Fred. Olsen Windcarrier's Blue Tern offshore installation vessel on Thursday evening at 22.40, installed the 50th Vestas V164-9.5MW turbine at the Moray East offshore wind farm in the UK,  which marked halfway point of the project.The first…

Ørsted Joins Norwegian Offshore Wind Venture to Compete in Upcoming Bid Round

Jun 09, 2021

Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…

Fred. Olsen Windcarrier Brings in $151M in Offshore Wind Contracts

May 28, 2021

Offshore wind installation company Fred. Olsen Windcarrier (FOWIC) said Friday it had over the previous two months signed three new turbine transport and installation contracts with a combined value of up to 124 million euros ($151 million)…

Fred. Olsen Windcarrier Sends Another Jack-Up to APAC, as Siemens Gamesa Extends Brave Tern Charter

May 06, 2021

Offshore wind installation contractor Fred. Olsen Windcarrier said Thursday it would send another jack-up to the Asia Pacific region to fulfill its contractual obligation in the area, as the wind turbine maker Siemens Gamesa Renewable has extended…

Norway: Fred. Olsen, Hafslund Eco in Offshore Wind Pact

Nov 17, 2020

Fred. Olsen Renewables and Hafslund Eco have agreed to cooperate as equal partners on a 50/50 basis on the development of offshore wind and transmission concepts in Norway.'The combination of Hafslund Eco’s competencies as a power producer and grid operator with [Fred…

GIEK Doubling Down on Offshore Wind

Oct 30, 2020

Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches when asked about the appetite for investment in traditional…

Fred. Olsen Windcarrier Jack-Up Picks Up More Work in Taiwan

Aug 27, 2020

Offshore wind installation company Fred. Olsen Windcarrier has won a conditional contract for its Brave Tern jack-up, for wind turbine installation work in Taiwan.The conditional contract is with Liwei Wind Power Co. Ltd., a company wholly owned by wpd Group…

GIEK Aims to Boost Norwegian Suppliers' Presence in Burgeoning Offshore Wind Sector

Jul 21, 2020

The Norwegian Export Credit Guarantee Agency GIEK has quadrupled its offshore wind portfolio to NOK 4.2bn (USD 453m) since the tail end of last year, and is ready to provide a further boost for local suppliers to secure more offshore wind business internationally…

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Jul 03, 2020

Offshore wind turbine installation company Fred. Olsen Windcarrier back in March said it had struck a deal to equip one of its jack-up installation vessels with a 1600t crane for next-gen offshore wind turbines. While the company at the time…

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