Fid Financial Close

TotalEnergies reached Final Investment Decision (FID) on the Culzean floating wind turbine pilot project in May 2024, enabling the transition from development into execution. The project involves installing a 3 MW Vestas V112 turbine on an innovative semi-submersible OCG-Wind floater designed by Ocergy, positioned near the Culzean gas-producing asset in the North Sea. The floating unit is expected to supply around 20% of the platform’s power needs with green electricity, as part of TotalEnergies’ wider strategy to decarbonise its upstream operations and cut direct emissions by 40% by 2030. The FID confirms corporate backing for this hybridisation concept, in which the Culzean platform will be powered by a mix of offshore wind and existing gas turbines, reducing reliance on conventional generation and associated emissions. [1][2] Ocergy notes that the pilot has entered the final stages of engineering and that first steel cut is imminent, explicitly linking this progress to the FID recently announced by TotalEnergies. On the operator’s side, the company reports that following the May 2024 FID, rolling of steel began in November, with full fabrication planned to start in January and the turbine targeted to be in the water and supplying power by Q4 2025. Together, these statements confirm that funding and internal approvals are in place to advance detailed engineering, fabrication and subsequent offshore installation of the pilot unit. [1][2]