OSLO: Statoil will invest about 2 billion Norwegian crowns ($236 million) in building a floating wind farm off the Scottish coast, in what the Norwegian oil and gas group said would be the first of its kind in the world.
The company, which has run a single floating offshore turbine for several years in Norway, is planning to build a pilot project consisting of five floating turbines, each with 6 megawatt capacity, off the coast near Aberdeen in an area where the water depth is up to 1 .