Norwegian offshore players competitive on billion-dollar offshore contracts

Norwegian offshore players such as ABB and Kvaerner are well-positioned when it comes to securing contracts within the booming market for offshore wind, assesses analyst firm Rystad Energy to media Sysla.

Photo: Frauenhofer

A billion-dollar offshore market is currently sprouting around Europe, and a number of Norwegian players are well-equipped to compete, assesses analyst firm Rystad Energy to media Sysla.

Over the coming four years, offshore wind investments will reach nearly USD 25 billion in Europe, and Norwegian players will be able to compete for a fifth of this market, assesses the analyst firm.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs