4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

Statoil steps into Polish waters

By: Tom Russell 06/03/2018 Statoil

General Windfarms

Statoil has signed an agreement with Polenergia to acquire a 50% interest in two early phase offshore wind development projects in Poland, Bałtyk Środkowy III and Bałtyk Środkowy II.

The closing of the transactions with Polenergia is subject to consent of the President of the Office of Competition and Consumer Protection in Poland.

The two projects have a planned capacity of 1200MW and are expected to have the potential to power more than 2 million Polish households. Statoil is also entering into a 50/50 joint venture with Polenergia to further mature these projects with Statoil being the Manager for the development, construction and operational phases.

"We are very pleased to have entered into a partnership with Polenergia, which is an experienced energy company with a growing renewable portfolio and in-depth knowledge of the Polish electricity market. Statoil has an ambition to grow significantly within renewable energy investing up to €10bn in profitable renewable energy towards 2030, and this acquisition strengthens our presence in the Baltic Sea area giving opportunities for scale and synergies in a longer perspective," says Irene Rummelhoff, executive vice president of New Energy Solutions in Statoil.

The Bałtyk Środkowy II and Bałtyk Środkowy III are located in the Baltic Sea 27 and 40km from the port of Łeba respectively. The water depths at the site range between 20-40m.

Statoil is currently developing the Arkona offshore wind farm together with E.ON in the German part of the Baltic Sea. The company is also operating three offshore wind farms off the UK coast, Sheringham Shoal, Dudgeon and Hywind.

For more information please follow the links provided. Alternatively click here for our interactive map.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Statoil steps into Polish waters

Back to News

Trending News!