Sheringham Shoal Offshore Wind Farm

StatoilHydro is joining forces with Statkraft, to keep the Sheringham Shoal Offshore Wind Project on target for a 2011 turn-on date. Statkraft has bought 50% of the shares of Scira Offshore Energy Ltd (which wholly owns StatoilHydro), which presumably puts this project on a secure financial footing.

StatoilHydro and Statkraft are also one half of the Forewind consortium. This consortium is working with other British partners (Scottish and Southern Energy, RWE nPower Renewables) to bid for other off-shore zones from the Crown Estate.