Flotation Energy and Vargronn Join Forces

Flotation Energy and Vårgrønn announce offshore wind partnership to support oil and gas decarbonization in Scotland.

Share:

Flotation Energy and Vargronn announce offshore wind partnership. They support the decarbonization of the hydrocarbon sector in Scotland. This partnership will contribute to the electrification of oil and gas facilities in the North Sea.

Offshore wind energy develops in Scotland

This project is developed by Flotation Energy and Vårgrønn. Partners will apply for leases in the INTOG cycle. That is, Innovation and Targeted Oil and Gas from Crown Estate Scotland. The INTOG rental cycle will make a significant contribution to Scotland’s net zero target.

As well as the North Sea Transition Deal goal of reducing offshore emissions by at least 50% by 2030. The partners will draw on the oil and gas expertise of Vårgrønn’s shareholders to deliver innovative solutions. As well as promoting the development of the supply chain in Scotland.

Vårgrønn thus has competence in the offshore area. The company can rely on shareholders that are Eni and HitecVIsion. While Flotation Energy is very well established in Scotland. The company has developed the world’s largest floating wind farm, Kincardine.

Flotation Energy and Vårgrønn

Flotation Energy, based in Edinburgh, has been instrumental in creating a strong offshore wind industry in the UK and beyond. The company has a growing pipeline of 10 GW of offshore wind projects in the UK. As well as in Ireland, Taiwan, Japan and Australia. It plans to expand to many other key markets.

The Flotation Energy team’s expertise lies in project management and engineering of large infrastructure projects. Flotation Energy has developed its own projects but also recognizes the benefits of collaborating and working in partnership with other developers to provide proven, cost-effective solutions.

Vårgrønn is a Norwegian agile company specialized in full-cycle offshore wind.

It was created by Eni and HitecVision in 2020 to actively participate in the energy transition. This is based on their long-term partnership, from the joint development of Vår Energi to a value-creating cooperation. As well as one of the largest companies on the Norwegian continental shelf.

Vårgrønn has announced that it will acquire a 20% stake in the world’s largest offshore wind farm, Dogger Bank (UK). As well as other initiatives in the start-up phase.

In addition, Vårgrønn has formed a consortium with Agder Energi and Corio Generation (formerly Green Investment Group) that will bid for a site in the Sørlige Nordsjø II area in Norway.

It has partnered with Equinor to develop floating offshore wind power in North Utsira, Norway. By 2030, the company aims to have 5 GW of installed and licensed offshore wind capacity in the European market.

German group wpd takes over the teams and a portfolio of 17 wind projects from Calycé, consolidating its position in the French market and expanding its regional presence, particularly in the Grand Est, with the support of Envinergy.
SPIE Wind Connect partners with Van Oord to connect and test 21 high-voltage cables for the Windanker offshore wind farm, marking a key milestone in the development of Germany’s offshore wind sector.
Envision Energy and FERA Australia announce an agreement to develop up to 1 GW of wind and 1.5 GWh of storage on the Australian market, laying the foundation for a new hybrid power plant model.
German group RWE has completed installation of all 100 monopile foundations at Sofia, a 1.4 GW offshore wind farm located 195 kilometres from the British coast, marking a major step in the construction of the project.
Greece’s wind sector reaches a new milestone with 5.5 GW installed, driven by 37 new turbines and €180 mn in investments during the first half of 2025, according to ELETAEN.
Nomura Real Estate has signed a power purchase agreement for its new Tokyo headquarters with wpd and GPSS Group, supplying the Higashi Izu Furusato wind project with a capacity of 7.48 MW.
Energiequelle completes the commissioning of two Enercon E-160 turbines in Raßlitz, replacing previous models and increasing the installed capacity of the Saxony site more than fivefold.
Ørsted has completed a $2.75bn project financing with 25 banks and five export credit agencies for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, strengthening its industrial partnership strategy. —
Masdar and Iberdrola announce a joint investment of €5.2 billion in the East Anglia THREE offshore wind farm in the United Kingdom and full commissioning of the German Baltic Eagle project (476 MW).
Energiekontor AG has secured contracts for four wind projects with a total capacity of 125 megawatts, following the Federal Network Agency's May 2025 tender in Germany.
Ecopetrol S.A. finalises the acquisition of Wind Autogeneración from Enel S.A.S., thereby taking over the Windpeshi wind project in Colombia, with a planned capacity of 205 MW, aimed at the Colombian oil group's energy self-consumption.
Oceanic Wind Energy Inc. and Coast Tsimshian Enterprises Ltd. secured an exclusive investigative use permit in the Hecate Strait, paving the way for Canada's first major offshore wind project, targeting capacity of up to 700 MW.
German manufacturer Nordex will supply 13 N163/6.X wind turbines to developer SAB WindTeam for a 91 MW wind farm in Brandenburg, with commissioning scheduled for early 2027 and an extended 20-year service agreement.
EDF is delaying the start-up of the Calvados offshore wind farm by more than two years, citing extended adjustments to a drilling tool vital for installing the sixty-four monopile foundations off Courseulles-sur-Mer.
German company NeXtWind signs historic €1.4 billion debt financing to accelerate expansion and modernisation of its onshore wind farms and reach a total capacity of 3 GW by 2028.
Energy company TGS has won a major high-resolution geophysical imaging contract for offshore wind site characterization in Norway, strengthening its position in this rapidly growing market.
Iberdrola Australia secures crucial approval from Australian authorities to begin metocean studies for its 3GW Aurora Green offshore project off the coast of Victoria, marking a decisive stage in its development.
ENGIE begins full operation of the Red Sea Wind Energy wind farm in Egypt, increasing its capacity to 650 MW, four months ahead of schedule, now powering over one million homes in the region.
Tokyo Gas, through TOWII Renewables, a joint venture with EWII, purchases two onshore wind projects developed by Finnish company Puhuri, totalling 74.4 MW, marking its expansion beyond the Danish market.
The European Investment Bank grants EWE AG historic €450mn financing for the installation of 2,600 km of underground power lines and the upgrade of over 1,100 substations in Lower Saxony.