•       Contractors selected to perform front-end engineering design for the Ulsan floating offshore wind project Gray Whale 3.

•       Joint project developers Corio Generation and TotalEnergies selected two engineering groups: Hyundai Heavy Industries-Doris Engineering and Technip Energies-Samkang M&T-Subsea 7.

 

2022. 8. 11, Seoul – Corio Generation, a wholly owned Green Investment Group (GIG) portfolio company, and TotalEnergies, a global multi-energy company, announced on 11 Front-End Engineering Design (FEED) contracts for Gray Whale 3, one of three Ulsan floating offshore wind projects.

 

Gray Whale 3, a planned 504 MW wind farm around 60 to 70 kilometers from Onsan Port, is one of three floating offshore wind farms totaling 1.5 gigawatts being developed by Corio and TotalEnergies off the coast of Ulsan.

 

Two groups of contractors have now been selected for Gray Whale 3: one group is Hyundai Heavy Industries and Doris Engineering, and the other group is Technip Energies, Samkang M&T and Subsea 7. The two groups will perform FEED services for floater, mooring and inter-array cables in collaboration with a wind turbine supplier.

 

The contracts award will build a collaborative partnership between the European and Korean companies. This reflects Corio and TotalEnergies’ aim to share advanced experience and technology, support the local supply chain in South Korea, and support the development of the country’s offshore wind industry.

 

Corio and TotalEnergies aim to bring world class fabrication know-how from early stage of engineering. It is fundamental to industrialize the fabrication processes in order for the floating industry to become cost effective. This approach leverages the skills of all parties to successfully complete the FEED stage.

 

“The Ulsan floating offshore wind project can serve as an exemplary case in building and expanding Korea’s offshore wind industry, local technology and know-how. This will provide an opportunity for the Korean companies which participated in the tender to secure a competitive edge in the global offshore wind power market,” Corio and TotalEnergies said.

 

Corio and TotalEnergies are co-developing offshore wind projects with a total capacity of more than 2 gigawatts in Ulsan City and South Jeolla Province (Geomundo and Maenggoldo). The Geomundo project, as with the Gray Whale projects in Ulsan, was recently granted an electricity business license. 

 

Photo) Corio and TotalEnergies are co-developing offshore wind projects with a total capacity of more than 2 gigawatts in Ulsan City and South Jeolla Province (Geomundo and Maenggoldo).