Equinor set to open world’s biggest floating wind farm in Norway

Norwegian energy company Equinor, along with its partners, is set to inaugurate the world’s largest floating offshore wind power farm, named Hywind Tampen. The wind farm, located in the North Sea about 140 kilometers off Norway’s west coast, began producing power in November the previous year and recently reached full output. The 88-megawatt capacity of Hywind Tampen will supply about 35% of the annual power demand for five oil and gas platforms at the Snorre and Gullfaks fields, operated by Equinor and its partners.

The innovative aspect of the Hywind Tampen project is its use of floating wind turbines. The 11 wind turbines are affixed to floating bases anchored to the seafloor, a technology considered suitable for deeper waters offshore. Equinor sees potential in developing this technology further for offshore wind projects in similar environments.

One of the key benefits of the Hywind Tampen wind farm is its contribution to reducing greenhouse gas emissions. By supplying renewable power to the oil and gas platforms, the project is expected to cut CO2 emissions from the fields by approximately 200,000 tonnes per year. This reduction corresponds to about 0.4% of Norway’s total carbon dioxide emissions in 2022.

However, the project has sparked debates among environmentalists. While some view it as a positive step towards lowering the country’s carbon emissions, others argue that Norway should prioritize phasing out oil and gas production altogether.

Norway has ambitious plans for offshore wind power. The country aims to achieve 30 gigawatts of offshore wind capacity by 2040, which would double its current power output. As part of this goal, Norway plans to tender its first commercial wind farms, including three floating projects, in the upcoming months. Equinor’s partners in the Hywind Tampen project include Wintershall Dea, INPEX Idemitsu, and Norway’s Petoro.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You will get daily industry insights on

Oil & Gas, Rare Earths & Commodities, Mining & Metals, EVs & Battery Technology, ESG & Renewable Energy, AI & Semiconductors, Aerospace & Defense, Sanctions & Regulation, Business & Politics.

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Beijing confronts a World that is no longer willing to soak up its exports

China’s leadership is effectively admitting that its export-heavy growth model is running into a wall abroad just as it runs out of easy fixes at home. The Politburo has flagged a looming “international economic and trade battle” at the same time as it celebrates a record trade surplus of more than $1 trillion in the first 11 months of the year.

The readout from this week’s meeting calls for “better coordination between domestic economic work and an international economic and trade battle” and promises to “act without delay” to develop new growth engines, while putting boosting domestic demand at the top of the 2026 agenda and rolling out the new slogan of “new productive forces” in advanced manufacturing.

Uranium market tightens as utilities eye $100 long-term contracts

The uranium market is moving from a long period of episodic tightness into something closer to a structural squeeze, and the combination of higher nuclear generation, new reactor buildout, and geopolitically constrained supply is setting up the conditions for a price re-rating in 2026.

U.S. industry spot indicators ended 2025 around $82 per pound, roughly 12% higher than a year earlier, and market participants are increasingly focused on the gap between the relatively restrained spot move and the much more aggressive rally already priced into uranium equities and nuclear-fuel supply chain names.

China and India facing challenges to balance energy needs with climate goals

China, as the world’s largest energy consumer, faces a significant challenge in balancing its energy needs with its climate goals. Despite ambitious targets to reach peak carbon emissions by 2030 and achieve carbon neutrality by 2060, the country’s heavy reliance on coal persists. Coal has historically…

Stay informed

error: Content is protected !!