Norway issues oil license at offshore wind site

Norway's government has granted an oil exploration license at the same site at which Equinor is planning to invest a major sum in establishing a floating offshore wind farm. Authorities deny having made a mistake.

Photo: Equinor

In the week before last, the Norwegian Petroleum Directorate (NPD) issued the largest allocation of oil exploration licenses to date. A whopping 83 licenses for prospecting for further oil and gas deposits on the Norwegian Continental Shelf were distributed to a handful of companies.

There were, however, already other plans underway for one of these sites. In the Tampen area northwest of Bergen, Equinor is considering installing an 88 MW floating offshore wind farm consisting of 11 turbines atop the company's Hywind floating platforms – a project, which with an investment framework of NOK 5 billion, was set to become the largest offshore wind farm in Norway.

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