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1 hour ago
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Business

Aker Solutions Wins Major Equinor Offshore Wind Contract Worth Over NOK 2 Billion

By Magnus Olsen •

In brief

Equinor is awarding a key floating wind substructure contract for its Utsira Nord project, valued at over NOK 2 billion. Analysts tip Norwegian firm Aker Solutions as the preferred bidder. CEO Kjetel Digre says the company is ready to deliver on the next phase of offshore wind.

  • - Location: Norway
  • - Category: Business
  • - Published: 1 hour ago

Equinor is set to award a major engineering, procurement, and construction contract for its Utsira Nord floating wind farm. The contract is for the floating substations at the offshore wind project, with an estimated value of over two billion Norwegian kroner. An announcement of the tender decision is due imminently, according to an Equinor spokesperson. Industry analysts from Pareto Securities and ABG Sundal Collier have flagged Aker Solutions as the front-runner to win this large-scale contract. Aker Solutions has been competing with other international firms for the work. The announcement of such a contract in the green energy sector will generate immediate business and energy news coverage. Aker Solutions CEO Kjetel Digre recently stated the company is 'ready to deliver on the next phase of offshore wind.' The contract represents a key step in the development of floating offshore wind power, involving the construction of critical substructures for the floating wind turbines. The Utsira Nord wind farm is a planned floating wind project off the coast of Norway. The award of this engineering, procurement, and construction contract is a major milestone, signaling continued investment and development in Norway's offshore renewable energy capabilities. The project is part of a broader push into floating wind technology.

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Published: March 31, 2026

Tags: Aker SolutionsEquinoroffshore windUtsira NordNorway energyfloating windEPC contract

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