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    Floating wind agreement between Equinor and Oceanex

    A cooperation for floating wind has been established between Equinor and Oceanex Energy, an Australian offshore wind producer.


    Together, Equinor and Oceanex will try to combine the local expertise and experience that Andy Evans and Peter Sgardelis, the co-founders of Oceanex and the Star of the South Offshore Wind Farm, have amassed over the past ten years with Equinor’s extensive energy expertise and “pioneering role” in the advancement of offshore wind.


    Once the regions have been designated by the federal government, Equinor and Oceanex will expand on the foundation Oceanex has laid in New South Wales since 2020. The first step will be the submission of feasibility licence applications for offshore wind acreage in New South Wales.


    Recently, the Australian Federal Government approved the licencing system for the Offshore Electricity Infrastructure Act, started consultations in the Gippsland region, and selected five additional offshore wind zones, including the coasts of the Hunter Valley and Illawara.


    Andy Evans said “Oceanex is delighted to be working with Equinor to make floating offshore wind a thriving future industry for New South Wales.”


    “Much like the offshore wind journey in Australia, a lot of hard work has gone into getting us to this stage, and we were delighted that Green Giraffe were there by our side to bring the Equinor partnership to fruition.”


    “Bringing a global perspective to a new market is critical, and the Green Giraffe team, like Equinor, are world leaders in what they do and have prepared us well for an exciting future.”


    Oceanex Energy received advice from Green Giraffe about the formation of its partnership with Equinor.

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