Mitsui O.S.K. Lines and Flotation Energy to Explore Offshore Floating Wind in Japan

Source: www.gulfoilandgas.com 12/3/2021, Location: Asia

Mitsui O.S.K. Lines, Ltd. (“MOL”) and Flotation Energy plc.(“Flotation Energy”) have agreed to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio of offshore floating wind projects in Japan being developed by Flotation Energy (Japan) Co. Ltd., starting from Niigata and followed by other areas. MOL will jointly develop local supply chain and Flotation Energy will manage overall project development.

"The partnership with MOL is a very significant step for Flotation Energy as it builds its presence in Japan. We bring an innovative approach with fresh eyes in implementing offshore wind projects and look forward to working with MOL to deliver floating offshore wind in Japan" Tim Sawyer, Director of international operations, Flotation Energy, said.

" U.K. and Japan have a lot of similar background, both are island country, limited energy resources, and U.K. is ahead of Japan on offshore wind farm development. With Flotation Energy, who has vast experience in developing offshore windfarms in U.K and internationally, MOL believes that this collaboration would accelerate the floating offshore wind farm development in Japan market. MOL has a rich knowledge and experience in building, owning, operating and managing ships and offshore floating structures. Those will be a great help for development of offshore wind farms in Japan and Asian region.” Hirofumi Kuwata, Managing Executive Officer, Deputy Director General, Energy and Offshore Business Unit, MOL, said.

The partnership aims to develop and deliver offshore wind projects in Japan to support the Government’s 45 gigawatt (GW) offshore wind target by 2040, part of its goal to achieve carbon neutral by 2050.


Azerbaijan >>  1/14/2022 - The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with an investment value of SAR 1.125...
Brazil >>  1/14/2022 - Statkraft is ready to start construction of its Morro do Cruzeiro wind project in northeastern Brazil, after closing a turbine supply contract with Ge...

United Kingdom >>  1/14/2022 - Twin Hub floating demonstrator project in the Celtic Sea has now been awarded a marine licence, for a renewable energy test site in Cornwall, South We...
United States >>  1/14/2022 - At an event with U.S. Secretary of Energy Jennifer Granholm, New York Governor Kathy Hochul and U.S. Representative Paul Tonko, Equinor and bp announc...

Ireland >>  1/13/2022 - Ørsted's Board of Directors has taken final investment decision (FID) on Ballykeel Onshore Wind Farm in Northern Ireland. The 16 MW wind farm will be ...
Netherlands/Holland >>  1/13/2022 - SSE Renewables has announced plans to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.