By Dominic Chopping

Norwegian energy group Equinor ASA said Friday that with its Troll-and-Oseberg field partners Petoro, TotalEnergies SE, Shell PLC and ConocoPhillips, it is studying options for building a floating offshore wind farm in the North Sea, off Norway.

With an installed capacity of about 1 gigawatt and annual production of around 4.3 terrawatt hours, the Trollvind project could provide much of the electricity needed to run the Troll and Oseberg offshore fields through an onshore connection point, it said.

Bergen, on the west coast of Norway, already serves several of these installations with power and needs more input to its electricity grid, it added.

The plan is that the partners will buy as much energy as the wind farm can produce.

The partners are initiating feasibility studies aimed at an investment decision during 2023, with startup potentially in 2027.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 17, 2022 04:15 ET (08:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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