LOTOS Petrobaltic and Baltic Trade and Invest (BTI) signed on June 18 a letter of intent to cooperate on offshore wind farm projects. BTI is a subsidiary of German company RWE Renewables (RWER) – the second largest developer and operator of offshore wind farms in the world.
According to the signed letter of intent, the areas of cooperation include: geotechnical surveys of the ground, potential provision of installation vessels and an inspection vessel during the construction phase and operation of the wind farm, and inspection and servicing of underwater installations. The companies also wish to exchange experience in offshore wind energy and industry knowledge regarding the Polish market in this area.
Taking into account the achievements, experience and development plans of LOTOS Petrobaltic, as well as the strategy of RWER and BTI, focused on further portfolio development in the offshore wind energy sector, the parties declared their will to continue the cooperation on offshore wind farm projects in Poland and abroad.
In December 2020. LOTOS Petrobaltic, successfully completed drilling works in the area of the planned F.E.W. Baltic II wind farm with a capacity of 350 MW, located in the Polish Exclusive Economic Zone in the Baltic Sea, west of Slupsk Bank. The geological survey of the Baltic subsoil was commissioned by RWER. This work was preceded by the drawing up of a geological works project and its approval by the Minister of the Environment.
LOTOS Petrobaltic intends to use all its available potential and experience to implement new, innovative projects and to actively participate in the energy transformation as a national operator in the erection, commissioning and servicing of offshore wind farms in the Polish Economic Zone of the Baltic Sea, but also to provide external services – says Grzegorz Strzelczyk, President of the Management Board of LOTOS Petrobaltic.
– Our company is open to the New Green Deal and sees an opportunity in the transformation of the pure upstream company into a company that will also operate in the green energy market, engaging in the supply chain for offshore wind farms – adds President Strzelczyk.
LOTOS Petrobatic has a proven high reputation, 30 years of experience and track record in seabed exploration, inspection of subsea installations and structures, servicing of subsea installations, management of investment and maintenance projects, as well as full management of ship operations, personnel transport, cargo, fuel and water supply.
BTI is in the process of developing the said F.E.W. Baltic II offshore wind farm. In order to play an even greater role in this area, BTI is focusing on offshore development, including permitting for the erection and use of artificial islands, structures and equipment for offshore wind farms in the Baltic Sea. The company wants to establish in Poland a solid logistical, organizational and scientific base to secure human and material resources, dedicated to participate in the supply chain of innovative and prestigious offshore wind farm projects.