The Norwegian floating wind sector could create over 50,000 jobs in the Nordic country by mid-century – equal to some 25% of current total employment in its oil & gas industry, a new report from Menon Economics has concluded.

But the study, commissioned by the Norwegian Offshore Wind Cluster, cautioned “uncertainty associated with framework conditions” continued to undermine take-off of the sector in Norway, which has plans for as much as 4.5GW