The Nordlicht wind farm area is located 85 kilometres north off the island of Borkum in the German North Sea and consists of two separate locations: Nordlicht 1 and Nordlicht 2.
31 March, at 10.35, the Johan Castberg oil field in the Barents Sea came on stream. The field will be producing for 30 years and bolsters Norway’s role as a reliable and long-term supplier of energy.
Vattenfall has made the final investment decision on the Nordlicht 1 and 2 offshore wind farms. BASF secured access to long-term supply of renewable electricity.
Shares of Dajin Heavy Industry rose after the Chinese supplier of structural components for offshore wind projects secured a USD135 million order from a European offshore wind farm.
The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day.
