Samsung signs wind turbine structure supply deal with Equinor

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Samsung signs wind turbine structure supply deal with Equinor - Korea Economic Daily

Quick Summary:

South Korea's Samsung Heavy Industries Co.said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equinor to supply floating wind turbine substructures and provide marshalling services, or integrating turbines onto floaters.

If Equinor is selected as the contractor for the Bandibuli project, Samsung Heavy Industries will supply the substructures for 50 floating offshore wind turbines to the Norwegian company.

The agreement comes as Equinor is seeking to win an offshore power project, dubbed Bandibuli offshore floating wind project, from South Korea.