- The oil and gas industry in Norway has set an objective to reduce its emissions by 50% by 2030
- Halving the emissions from oil and gas installations means having to shift their power generation systems from fossil fuels to renewable energy
- Odfjell Oceanwind’s Mobile Offshore Wind Units (MOWUs) and the WindGrid™ hybrid system allows operators to reduce CO2-emission by up to 70% compared to power generation from gas turbines only
- The WindGrid™ system is developed based on the learnings from the hybridisation and de-carbonisation of Odfjell Drilling’s rigs
Odfjell Oceanwind is, together with its partners Siemens Energy and Siemens Gamesa Renewable Energy, a finalist in World Oil’s 2021 New Horizon Idea Award for its Mobile Offshore Wind Units (MOWUs) and WindGrid™ system.
- A fit for purpose, predictable commercial framework for de-carbonisation is necessary to accelerate investment decisions and to deliver on the oil and gas industry’s de-carbonisation goals.
- The legal framework needs to be up to date in order to not slow down the green shift.
- Mobile offshore wind can be an efficient de-carbonisation solution for oil and gas.
Odfjell Oceanwind's unique portfolio of proprietary solutions for floating offshore wind was presented at Pareto Securities’ 28th annual Energy Conference 2021 in Oslo.
Below you can watch the full video of our CEO Per Lund’s company presentation in which he presents the company’s history, philosophy and plans for the future.
Watch the presentation (video):
The world needs an energy transition away from fossil fuels. This is to reach the emission reduction target set out by the Paris Agreement of keeping global warming to well below 2°C, and pursuing efforts to limit it to 1.5°C. According to the agreement, the EU and its member states are committed to a net domestic reduction of at least 55% in greenhouse gas emissions by 2030 compared to 1990.
Since the early seventies, the Odfjell brand has been synonymous with a strong vision and flair for opportunities offshore. In 1969, Abraham Odfjell stated that he could envision “rigs like beads on a string along the Norwegian coast.” Today we can clearly see the future, and the future is floating wind power.
Odfjell Oceanwind has been awarded a pre-project grant from Enova, Norway’s fund for climate- and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations.
More good news! DNV has completed an independent verification review of Odfjell Oceanwind’s WindGrid hybrid.
The mobile offshore wind pioneer Odfjell Oceanwind has entered into a Memorandum of Understandng (MoU) with Siemens Gamesa and Siemens Energy, where Odfjell Oceanwind intends to use their technologies for their Mobile Offshore Wind Units (MOWUs). The intention of the MoU is for the three parties to jointly develop MOWUs with Odfjell Oceanwind’s WindGrid™ hybrid for micro-grids, where emissions could be reduced by up to 70% compared to power generation from gas turbines or diesel engines. The WindGrid™ is intended to utilize Siemens Energy’s BlueVault™ energy storage solution which includes batteries, AC PowerGrids, transformers, switchboards and power control system. Odfjell Oceanwind’s harsh environment semisubmersible MOWUs are intended to use Siemens Gamesa SG 14-222 DD or SG 11.0-200 DD offshore wind turbines, featuring either 14 MW or 11 MW capacities, respectively. The MoU is of non-binding nature.
Mobile Offshore Wind Units are floating wind turbines that can move from location to location as and when there is a need for renewable power. They are ideally suited to provide power to oil and gas installations that require power for a limited period, typically until the production closes on that particular field. The Norwegian oil and gas industry has high ambitions and targets a cut in carbon emissions by 50% before 2030. There are principally four ways of delivering on the ambition: