Latest news with #FlotationEnergy
Yahoo
5 days ago
- Business
- Yahoo
TGS Commences Ultra-High Resolution 3D Seismic Survey for Green Volt Wind Development
London, United Kingdom (06 June 2025) – TGS, a leading global provider of energy data and intelligence has commenced a geophysical survey for the pioneering Green Volt floating offshore wind farm. Mobilization initiated in Aberdeen last week and the work scheduled throughout June will include an ultra-high resolution 3D (UHR3D) seismic survey used to deliver detailed subsurface data for the floating wind farm's site characterization. The Green Volt project is a joint venture between leading offshore wind developers Flotation Energy and Vårgrønn. As Europe's first commercial-scale floating windfarm at 560 MW, the project is a catalyst for developing a highly specialized UK floating wind supply chain. Utilizing integrated Multibeam Echo Sounder, Side Scan Sonar, Sub-bottom Profiler and Magnetometer sensors, the advanced survey will enhance geological understanding and provide critical insights for the project's site planning and risk assessments. Spanning the full lifecycle from acquisition planning to imaging and interpretation, this campaign for Green Volt will support employment opportunities across the UK, where TGS maintains a significant presence. TGS has 3 offices in the UK with over 200 employees. Offshore survey crews, geophysicists and onshore geoscientists will be engaged throughout the project, ensuring the delivery of high-quality processed data and data will provide detailed understanding of the subsurface conditions, revealing potential risks and challenges that are not always accurately captured through traditional 2D data interpolation. The enhanced data collection will help the Green Volt project team identify geological hazards and structural complexities, contributing to improved site assessment and risk mitigation strategies. This, in turn, will form a reliable foundation for the project's ongoing planning and execution. By leveraging the latest acquisition configurations, TGS will enhance efficiency and improve target resolutions to meet the highest industry standards. Commenting on the start of this survey, TGS EVP New Energy Solutions, Will Ashby, said: "This represents a key milestone for TGS to utilize our expertise, technology and resources to support the development of the first commercial floating offshore wind farm, Green Volt. This simultaneous acquisition of all sensors and the application of our cutting-edge processing techniques is reinforcing our commitment to delivering industry-leader data solutions. UHR3D will be a key aspect to developing floating wind farms.' Matt Green, Project Director for Green Volt said: 'Green Volt is pleased to be working alongside TGS on these important geophysical site surveys, which will not only advance our project but will also further develop our understanding of how the UKCS subsea offshore landscape can support deeper, larger windfarms as we continue to develop our industry. Accurate data is vital component in our learning and will help strengthen the UK's floating wind supply chain. This contract supports local jobs and innovation, helping to build a world-leading offshore wind sector right here in the UK.' About TGSTGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit ( For media inquiries, contact: Bård StenbergIR & Business Intelligence investor@ About Green VoltGreen Volt is set to become Europe's first commercial scale floating offshore wind farm, located approximately 80 kilometres off the northeast coast of Scotland. Jointly developed by Flotation Energy and Vårgrønn, the project will feature up to 35 floating wind turbines with a total capacity of 560 megawatts. Once operational, Green Volt will provide clean power to the UK grid and facilitate the electrification of participating oil and gas platforms. Developed under Crown Estate Scotland's Innovation and Targeted Oil and Gas (INTOG) leasing round, Green Volt aims to reduce carbon emissions by one million tonnes per year, significantly contributing to the UK's and Scotland's net-zero targets. The project has secured all necessary planning approvals and, in September 2024, was awarded a Contract for Difference (CfD) by the UK in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Guardian
12-05-2025
- Business
- The Guardian
Potential role for Chinese firm in key UK windfarm attracts government scrutiny
Ministers are weighing up proposals for a Chinese company to supply wind turbines for a major offshore windfarm in the North Sea. The government is in discussions with Green Volt North Sea over whether Mingyang, China's biggest offshore wind company, should supply the wind turbines. Mingyang has emerged as the preferred manufacturer, but the company has sought advice from ministers on whether to proceed. Green Volt, which is jointly owned by Flotation Energy, a Scottish company and Vårgrønn, a Norwegian one, is constructing the first commercial-scale floating offshore windfarm in Europe. The project will deliver electricity to oil and gas platforms, replacing power currently generated by gas and diesel turbines, and provide electricity to the UK grid. The decision over whether to source its wind turbines from Mingyang will be closely scrutinised after the government stepped in to take control of British Steel amid claims that its Chinese owner, Jingye Group, wanted to shut down its Scunthorpe plant to make the UK a dumping ground for Chinese steel. The incident triggered calls for Chinese companies to be locked out of involvement with critical national infrastructure. Jonathan Reynolds, the business secretary, said at first that he would not bring another Chinese company into the British steel sector before softening his position. Ed Miliband, the energy secretary, travelled to China earlier this spring to discuss closer cooperation on energy and climate. The decision over whether Mingyang can supply the turbines is not subject to any formal government process, but the company is unlikely to proceed if ministers say they have security concerns. The Sun reported three months ago that some officials in the Ministry of Defence and Department for Energy Security and Net Zero had raised concerns about the proposed deal. Green Volt has been waiting for a verdict from the government for weeks, according to people familiar with the discussions. An industry source said the UK did not currently have the heavy manufacturing capability to produce the turbines domestically. 'They have tried to get European manufacturers to no avail,' the source said of Green Volt. 'Miliband is on to something here. We all want to get to where he wants to get to, but if it's not from Chinese companies, who is going to [supply wind turbines] to us?' The project would be an important contributor to the government's mission to achieve net zero carbon emissions by 2050. Progress towards that suffered a blow this week when the Danish company Ørsted cancelled its plans to build one of the UK's largest offshore windfarms, the Hornsea 4 project. Ministers are hopeful that Ørsted will return to the table, however. Sign up to First Edition Our morning email breaks down the key stories of the day, telling you what's happening and why it matters after newsletter promotion Mingyang has also come under scrutiny in Germany, where it is supplying wind turbines for the Waterkant offshore windfarm. The Guardian contacted Mingyang for comment. A Green Volt spokesperson said: 'We are developing the largest commercial-scale, floating offshore windfarm in the world, working to hugely ambitious timelines to deliver the government's goal of 43-50 GW of offshore wind by 2030. Having secured a contract for difference from the government last year, we are identifying supply chain partners to help us build the windfarm. As yet, no turbine supplier has been confirmed for Green Volt. We will comply with any government regulation and guidance around security of critical national infrastructure in the selection of all our suppliers.' A government spokesperson said: 'We would never let anything get in the way of our national security, and while we would not comment on individual cases, investment in the energy sector is subject to the highest levels of national security scrutiny. 'We are undergoing rigorous processes to look at the role of China in our supply chain and investment in critical infrastructure – taking into account the national security considerations, as well as our need for investment in the supply chain.'
