Norway to make first offshore wind tender awards by autumn 2023 [Reuters]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
Company Research
Source: Reuters
Eni SpA Follow OSLO, Dec 6 (Reuters) - The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding. The Nordic country, a major producer of oil and gas as well as hydropower, plans to commission up to 30 GW of offshore wind capacity by 2040. A wide range of utilities, oil and gas producers and engineering companies have lined up to develop offshore power projects in Norway, including Equinor (EQNR.OL) , Shell (SHEL.L) , BP (BP.L) , Orsted (ORSTED.CO) , Statkraft and Eni (ENI.MI) In a first step, Norway will develop Soerlige Nordsjoe II phase 1, covering 605 square kilometres (235 square miles) of a wider, pre-chosen area bordering the Danish sector of the North Sea that is suitable for bottom-fixed wind-power turbines. As part of a compromise over rising domestic power prices and a looming power deficit, the first
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