EnergyWatch

Italian firm to develop floating offshore wind project

Italian Saipem, a Hywind project collaborator, has entered a new agreement for a floating offshore wind project in Saudi Arabian waters.

Photo: Arne Reidar Mortensen/Equinor

Saipem, an Italian energy project developer, has signed an agreement regarding the development of a floating offshore wind farm in Saudi Arabian waters.

The 500 MW wind project is ordered by Abu-Dhabi-based company Plambeck Emirates, reports Bloomberg News.

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