Siemens' $829m Dudgeon win

Siemens has confirmed a deal with Norwegian oil firm Statoil and utility Statkraft to deliver, install and commission 67 of its 6MW turbines for the 402MW Dudgeon offshore wind farm off the coast of eastern England.

The contract – which includes a five-year service agreement – is worth approximately £500m ($829m).

Installation of the 154-metre-rotor machines is slated to start in early 2017.

Dudgeon is located 32km north of the town of Cromer in North Norfolk and owned 70% by Statoil, which will operate the wind farm. Statkraft holds 30%.

"We are proud to convince more and more customers about the advantages of our 6MW offshore machine", said Markus Tacke, chief executive of Siemens' Wind Power division.

"With Dudgeon we extend our project pipeline for this new turbine. This gives us the opportunity to further ramp-up production capacity,which is a precondition to bring down the costs for offshore wind."

Siemens was first lined up as the Dudgeon supplier back in January this year, before a final investment decision by the Norwegian partners.

The FID came in July, when Statoil and Statkraft said the£1.5bn project should hit full production in late 2017,