Governance structure

BW Offshore has a well-developed corporate governance structure, and adheres to the Norwegian Corporate Governance Board (NUES) Code of Practice, last updated on 14 October 2021.
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Floating wind

BW Offshore advances opportunities within floating offshore wind through its majority ownership of BW Ideol, applying our offshore engineering and project execution experience to adjacent segments that support the energy transition.

BW Offshore and BW Ideol are actively developing floating offshore wind solutions, with co-development positions in Scotland and France and serial production capacity being established at two dedicated fabrication sites.
BW Offshore and BW Ideol have jointly developed a carbon-reducing ‘Power-to-Platform’ concept. The solution deploys offshore wind turbines on BW Ideol’s patented Damping Pool® floating foundations to enable the electrification of FPSOs and oil and gas platforms.

To enable consistent power supply, a battery energy storage system is integrated into the patented Damping Pool® floating foundation hull.  This generic solution can be customised for the needs of each client, whether it is a new greenfield development or brownfield modification of an existing asset.

This development is a testimony to the combined expertise and joint efforts of BW Offshore and BW Ideol, combining 40 years of experience from oil and gas with pioneering experience in design and operation of floating offshore wind turbines. To strengthen our efforts in developing such electrification prospects at the Norwegian Continental Shelf, we have established the Joint Venture company Fram Wind Solutions (owned by BW Offshore (50%), Grieg Kapital (35%), and Fram Green Technology (15%)).

This initiative aligns with BW Offshore’s strategy to create new business in the energy transition, focusing on renewable and low-carbon energy solutions.

The future of decarbonisation

BW Offshore and BW Ideol animate the future of decarbonisation of Offshore Oil and Gas Installations with Floating Wind Turbines.
BW Offshore and BW Ideol have jointly developed a carbon emission reducing ‘Power to Platform’ concept. The concept deploys floating wind turbines on BW Ideol’s patented Damping Pool® foundations for the electrification of FPSOs and oil and gas platforms.

To enable consistent power supply a battery energy storage system is integrated into the patented Damping Pool® floating foundation hull. The solution is based on a generic design that can be customised for the needs of each client, whether it is a new greenfield development or brownfield modification of an existing asset.

This development is a testament to the combined expertise and joint efforts of BW Offshore and BW Ideol, combining 40 years of experience from oil and gas with pioneering experience in design and operation of floating offshore wind turbines. To strengthen our efforts in developing such electrification prospects at the Norwegian Continental Shelf we have established the Joint Venture company Fram Wind Solutions (owned by BW Offshore (50%), Grieg Kapital (35%), and Fram Green Technology (15%)).

This initiative aligns with BW Offshore’s strategy to create new business in the energy transition with renewable and low carbon energy solutions.
3D rendered offshore wind turbine on floating platform foundation
Low-carbon solutions
We leverage BW Ideol’s floating wind technology to deliver clean and renewable energy into offshore oil and gas assets (such as platforms and FPSOs), significantly reducing reliance on traditional power generation and lowering CO2 and NOx emissions.
Adaptable and scaleable
Our solutions are compatible with existing offshore infrastructure (Brownfield assets) or new developments (Greenfield assets), ensuring flexibility across various environments.
Tailored for tough conditions
Whether facing deep water depths and/or harsh sea states, BW Offshore’s engineering expertise and BW Ideol’s floating wind technology can be customised to meet the specific challenges of your project.
BW Ideol floating wind foundation concept for offshore renewable energy
BW Ideol floating wind foundation concept for offshore renewable energyBW Ideol floating wind foundation concept for offshore renewable energy

Cutting edge technology

BW Ideol’s proven Damping Pool foundation technology enables stable, cost‑efficient floating wind solutions suitable for a wide range of offshore environments. The technology supports reliable power generation that can contribute to reducing emissions from offshore energy assets by supplying clean electricity where electrification is viable.
BW Offshore contributes operational and engineering capabilities to develop integrated concepts that combine floating wind with proven offshore production expertise. This includes exploring complementary solutions such as energy storage and systems designed to manage fluctuating power supply, supporting more resilient offshore operations.

Together, BW Offshore and BW Ideol focus on scalable, locally anchored industrial solutions that reflect the evolving regulatory landscape and the growing demand for low‑carbon energy infrastructure.

About BW Ideol

BW Ideol is a fully integrated floating wind company with extensive experience in the design, engineering, and co‑development of floating offshore wind projects. As BW Offshore’s majority‑owned affiliate, BW Ideol provides the foundation technology and project pipeline that anchor our participation in floating wind opportunities.

Through this collaboration, BW Offshore applies its global project management and offshore operational experience, supporting BW Ideol’s ambition to mature floating wind projects and contribute to long‑term, sustainable offshore energy production.

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