TechnipFMC enters partnership to develop offshore wind projects


United Kingdom/Norway – TechnipFMC and Magnora ASA have agreed to explore floating offshore wind project growth opportunities under the name Magnora Offshore Wind.

Magnora is a major enabler in solar energy technology and has a leading role in the clean energy industry as an owner in offshore wind, onshore wind, and solar development ventures.

Unique technology

Magnora Offshore Wind will be able to realize substantial opportunities in the growing offshore floating wind industry thanks to TechnipFMC’s unique technology, expertise implementing integrated EPCI (iEPCI) ventures, and novel Deep Purple plan to merge wind and wave energy with offshore renewable hydrogen storage.

Magnora Offshore Wind has already begun operations and is working on a proposal for the first round of seabed leases under the Scottish government’s ScotWind Leasing scheme. Magnora Offshore Wind will also participate in Norway’s first offshore wind application round, which will open in 2021, and will explore targeting new markets in the coming months.