11:43 PM EST, 11/02/2026 (MT Newswires) -- BW Offshore's (BWO.OL) 50%-owned joint venture Fram Wind Solutions secured a 1.94 billion-Norwegian-krone grant from Norway's Enova to support its 37-megawatt offshore wind project. The grant is conditional on the project, which is based on two 18.5-MW floating wind turbines, reaching a final investment decision, securing financing, and signing key supplier agreements within 24 months, the offshore production services company said Monday. Grieg Kapital owns a 35% stake in the JV, while Fram Green Technology holds the remaining 15%.

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