The Salamander Project, a joint venture between Ørsted, Simply Blue Group and Subsea7, was offered an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round, the results of which were released by the Crown Estate Scotland on March 24.
Located on the east coast of Scotland, the Salamander Project has a proposed 100 megawatt (MW) pre-commercial size. The floating technology proposed for the project will allow turbines to be located in 100 m deep water, where traditional fixed bottom turbine foundations would be uneconomical.
According to an Ørsted press release, the Salamander Project will demonstrate commercial-scale technologies for roll out in utility-scale projects such as the ScotWind leases.
The project has a strong focus on supply chain development and will be a gateway for de-risking floating wind technologies for future commercial projects in Scotland, according to Salamander.
“This opportunity through INTOG will allow us to progress the project, which will play a significant role in how the industry delivers floating wind going forward and help the Scottish supply chain to ramp up activities for the local and international market,” said Huw Bell, Salamander Project director.
INTOG aims to attract investment in innovative offshore wind projects in Scottish waters, as well as to help decarbonize North Sea operations. It was broken up into two categories: IN, which were small-scale, innovative projects of less than 100 megawatts (MW); and TOG, projects connected directly to oil and gas infrastructure to provide electricity and reduce the carbon emissions associated with production.
INTOG offered exclusivity agreements to 13 out of 19 applications in this first round, five for IN and eight for TOG. Salamander was selected in the IN category. The other successful project applicants include Bluefloat Energy/Renantis Partnership, BP Alternative Energy Investments, ESB Asset Development U.K., Flotation Energy, Cerulean Winds, TotalEnergies and Harbour Energy. The projects have proposed capacities of up to 499 MW in the IN category and over 5 gigawatts (GW) in TOG.
The process was designed in response to demand from government and industry to help achieve the targets of the North Sea Transition Sector Deal through decarbonizing North Sea oil and gas operations. It also aims to further stimulate innovation in Scotland’s offshore wind sector, create additional supply chain opportunity, assist companies to enter the renewable energy market, and support net-zero ambitions.
Salamander is currently undergoing an environmental impact assessment submitted to Marine Scotland and Aberdeenshire Council, who have since passed it to statutory and non-statutory consultees. The project has a grid connection agreement with National Grid for project delivery by 2030 and to contribute to the U.K.’s 5-GW floating wind target.
Crown Estate Scotland expects option agreements to be offered in 2024.
Recommended Reading
Orion Acquires SCOOP/STACK Interests, Pursuing Permian Deals
2024-11-11 - Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.
Marketed: BP E&P GoM ORRI Opportunity
2024-10-16 - BP Exploration & Production Inc. retained Indigo Energy Advisors for an offshore overriding royalty interest acquisition opportunity in the Gulf of Mexico and Louisiana.
WhiteHawk Energy Adds Marcellus Shale Mineral, Royalty Assets
2024-09-18 - WhiteHawk Energy LLC said it acquired Marcellus Shale natural gas mineral and royalty interests covering 435,000 gross unit acres operated by Antero Resources, EQT, Range Resources and CNX Resources.
Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal
2024-10-02 - Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.
Diamondback’s Viper Buys $1.1B in Permian Mineral, Royalty Interests
2024-09-11 - Diamondback subsidiary Viper Energy is spending $1.1 billion on a series of Permian Basin mineral and royalty acquisitions from Tumbleweed Royalty, which was formed by the executives behind Double Eagle Energy.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.