The UK’s $11bn Dogger Bank offshore wind mega-development will transport the sector into the global energy big league, rivalling the biggest oil & gas projects now taking shape and providing a life-line for a supply chain struggling to make ends meet as the world shifts power sources in the energy transition, according to research analyst Rystad.

Awarded to development partners Equinor and SSE, Dogger Bank, a 3.6GW complex made up the Creyke Beck A and B and Teesside A projects in the North Sea, will be the sixth largest offshore energy project globally at a time when total value of EPCI – engineering, procurement, construction, and installation – and subsea oil & gas deals are forecast to drop from $60bn this year to $43bn in 2022.