![OEG Renewables Contracted for Offshore Taiwan Wind Project](/sites/default/files/styles/hart_news_article_image_640/public/image/2023/12/oeg-renewables-contracted-offshore-taiwan-wind-project.jpg?itok=RTR2vtS7)
The project is OEG Renewables’ 2oth in Taiwan, 15 of which included marine coordination contracts. (Source: Shutterstock)
OEG Renewables has been contracted to deliver a turnkey marine coordination solution to the Hai Long wind project offshore Taiwan. OEG will provide services through its Specialist Marine Consultants (SMC) and Fern Communications (Fern) businesses.
The 1,022-megawatt Hai Long project, located 45 km to 70 km from the coast in 35 m to 55 m water depths, is a joint project under development by Northland Power Inc., Yushan Energy Pte. Ltd. and Mitsui & Co. Ltd.
Once operational, Hai Long will be the largest offshore wind project in Taiwan, providing enough clean energy to power more than one million Taiwanese households. The project is OEG Renewables’ 2oth in Taiwan, 15 of which included marine coordination contracts.
The turnkey contract will be for the duration of the installation and commissioning works and will include the provision of an experienced marine coordination team from the U.K., and the development of a local Taiwanese team to manage the project marine coordination center.
Taiwan is currently positioned to be the largest offshore wind market in the APAC region outside of China, as it targets 13 gigawatts (GW) of offshore wind capacity by 2030 and up to 55GW by 2050. In addition, Japan and South Korea also set ambitious targets of 10 GW and 14.3 GW respectively by 2030, and 110GW and 92.3 GW by 2050, making the APAC region a key growth region where OEG Renewables can leverage its global footprint and expanded service offerings.
Kevin Wu, regional director for OEG Renewables in the Asia Pacific region, said the contract further underscores the company’s position as a key player “providing critical services to the offshore wind market in Taiwan and the broader APAC [Asia Pacific] region.”
Recommended Reading
Ithaca Energy to Buy Eni's UK Assets in $938MM North Sea Deal
2024-04-23 - Eni, one of Italy's biggest energy companies, will transfer its U.K. business in exchange for 38.5% of Ithaca's share capital, while the existing Ithaca Energy shareholders will own the remaining 61.5% of the combined group.
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.
Equinor Acquires Stake in Standard Lithium Smackover Projects
2024-05-08 - Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas
2024-05-07 - Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.