OEG Renewables lands US offshore wind contract with rsted – Energy Voice

Posted: April 22, 2024 at 8:22 pm

Aberdeen-headquartered OEG Renewables has landed a multi-year deal with rsted covering its offshore wind projects in the north-eastern US.

As part of the deal, for an undisclosed amount, OEG will provide eight portable generator sets with technician support for rsteds 132MW South Fork Wind project.

The agreement gives OEG topside division exclusivity for all temporary power scopes rsted require during commissioning of their projects.

OEG said temporary generators provide critical power to the turbine during commissioning activities prior to a grid connection.

Wind projects also use temporary generators during operations and maintenance downtime.

In addition to the South Fork Wind project, which will provide power to New Yorks Long Island, rsted is also developing the 704MW Revolution Wind project.

Revolution Wind will provide power to the states of Rhode Island and Connecticut.

The state governments of New York and Connecticut are targeting a 100% renewables powered electricity grid by 2040.

Rhode Island is aiming to achieve the same target by 2030.

OEG said the rsted deal marks a strengthening of its presence in the US offshore wind market.

The groups chief executive officer John Heiton said the deal will support the expansion of offshore wind in the US and pave the way for future projects.

Now operating in over 60 countries, Aberdeens OEG Group is targeting rapid expansion into the growing global offshore renewables market.

Last year, the company raised $140 million (98.5 million) to pursue acquisitions in the offshore wind sector.

OEG later acquired Dutch subsea and topside services firm Bluestream Offshore, and the company posted a 35% increase in revenues across 2023.

The expansion push is part of OEG Renewables plans to establish itself as a UK Tier One contractor in the green energy space.

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OEG Renewables lands US offshore wind contract with rsted - Energy Voice

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