Technip Energies to Provide FEED for Equinor Floating Offshore Wind Firefly Project in South Korea

PARIS–(BUSINESS WIRE)–Technip Energies (PARIS:TE) has been selected by Equinor South Korea Co Ltd to perform a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.

The FEED contract covers engineering of the floating wind turbine substructures for the proposed 800 megawatts offshore wind farm. The design of the substructures will include Technip Energies’ in-house floater technology INO15™. With a capacity of 15 megawatts, INO15™ technology is a three columns semi-submersible floater which is well suited for fabrication in large series. The substructure design is in alignment with Equinor’s wind semi design principles.

Firefly wind farm is planned for an area of 2 x 75 km2 off the coast of the city of Ulsan in South Korea and will serve to feed the Korean grid. It is planned to be in operation in 2027.

Willy Gauttier, VP Offshore Floating Wind at Technip Energies, commented: “We are glad to have been awarded this FEED by our long-lasting client Equinor and that the INO15™ floater technology has been selected for the development of the offshore wind farm. It perfectly illustrates that engineering and technology will be key to accelerate the energy transition. Through the Firefly project, we are committed to support Equinor in its objective to reach an installed net renewables capacity of 12-16 gigawatts by 2030.”

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) traded over-the-counter in the United States. For further information: www.technipenergies.com.

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