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Home›Business & Finance›Equinor and Sheringham Shoal, Dudgeon Extension Partners Agree Joint Ownership of Merged Projects
Business & Finance

December 17, 2024 · about 1 year ago

Equinor and Sheringham Shoal, Dudgeon Extension Partners Agree Joint Ownership of Merged Projects

Equinor and its partners on the extension projects that are planned to be built next to the operational Sheringham Shoal and Dudgeon offshore wind farms in Norfolk, UK, have agreed to bring the two projects under a joint ownership structure in one legal entity. The Dudgeon Extension Project is owned

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An aerial photo of the Dudgeon Offshore Wind Farm in the UK

The consented application includes an option to utilise an integrated transmission system, as well as separate grid connections for each project, within the same overall onshore footprint. The projects are also planned to leverage the existing operations and maintenance base at Great Yarmouth, which will continue to serve the operational Sheringham Shoal and Dudgeon wind farms, as well as the new turbines once developed.

Equinor said on 17 December that the new joint ownership structure enabled a cost-effective development of the two projects whilst minimising environmental and local impact in Norfolk.

“Drawing on our experience of oil and gas unitisation, we have applied key learnings to make this project more competitive, ensuring economic efficiencies and cost savings. By developing one project instead of two, we can unlock additional value from volume at scale, whilst sharing joint infrastructure, maximising local benefits and minimising disruption”, said Halfdan Brustad , Equinor’s Vice President UK Renewables.

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