The company’s subsidiary, Statoil North America , earlier submitted terms for a potential long-term contract to sell power to rate-regulated utilities on the mainland to the Maine Public Utilities Commission (PUC) for approval. It was not immediately clear when PUC will schedule hearings.

The oil and gas giant successfully tested the Hywind concept off Norway’s coast with a 2.3MW Siemens wind turbine mounted on a ballasted steel jacket called a “spar buoy” that stretches about 100-metres below the sea surface.

The