Offshore Solutions Group Signs Seabed Exclusivity Agreement with Crown Estate Scotland
Deal News | Apr 22, 2025 | Scottish Enterprise
Offshore Solutions Group (OSG), a UK developer specializing in floating offshore wind (FLOW), has secured a two-year exclusivity agreement with Crown Estate Scotland for sections of the seabed in the Moray Firth. The aim is to develop the revolutionary Moray FLOW-Park, which will provide wet storage for FLOW assets, optimizing the logistics and risk management of offshore wind projects. This initiative is crucial to Scotland’s strategy of becoming a leader in the global offshore wind sector, supported by Scottish Enterprise with grant funding and strategic guidance. It highlights the importance of enhancing Scotland's port infrastructure and the overall supply chain competitiveness in the renewable energy sector. OSG has conducted a significant survey for potential UK locations and is excited about further engagement with stakeholders following this agreement.
Sectors
- Renewable Energy
- Infrastructure
Geography
- Scotland – The Moray FLOW-Park project is located in the Moray Firth off the coast of Scotland, with significant involvement from Scottish Enterprise.
Industry
- Renewable Energy – The article discusses the development of a floating offshore wind (FLOW) park, a segment within the renewable energy sector.
- Infrastructure – The development of the Moray FLOW-Park is a key infrastructure project supporting energy transition efforts in Scotland.
Financials
- Two-year Exclusivity Agreement – The duration of the seabed exclusivity agreement between Offshore Solutions Group and Crown Estate Scotland.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Offshore Solutions Group (OSG) | Developer | Company | UK-based developer focused on floating offshore wind (FLOW) projects. |
| Crown Estate Scotland | Seabed Owner | Government | Manages specific Scottish property assets, including the seabed, on behalf of the Scottish government. |
| Scottish Enterprise | Supporter and Advisor | Company | Scottish development agency providing support and guidance for the Moray FLOW-Park project. |
| Shane Woodroffe | Chief Commercial Officer at OSG | Person | Responsible for commercial strategy and development at Offshore Solutions Group. |
| Suzanne Sosna | Director for Energy Transition at Scottish Enterprise | Person | Oversees the energy transition sector at Scottish Enterprise, supporting renewable energy projects. |