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Events / Business / OEG wins Gennaker corrosion...
Business contract award

OEG wins Gennaker corrosion protection contract

Analysis based on 6 articles · First reported Mar 09, 2018 · Last updated Aug 10, 2026

Sentiment
10
Attention
2
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The contract is a positive development for OVO Energy, reinforcing its position in the offshore wind services market and potentially boosting its revenue outlook. For OWP Gennaker and Skyborn Renewables, the deal ensures reliable corrosion protection for the Gennaker wind farm, supporting project integrity and long-term operational performance.

Offshore Wind Energy Services Subsea Engineering
Event Summary

OVO Energy has secured a major contract from OWP Gennaker GmbH to deliver subsea corrosion protection for the Gennaker Offshore Wind Farm in the German Baltic Sea, developed by Skyborn Renewables. The contract involves supplying Impressed Current Cathodic Protection (ICCP) systems to protect turbine foundations throughout the wind farm's operational life. OEG's scope includes engineering, procurement, manufacturing oversight, offshore logistics, installation, testing, and commissioning. OEG will partner with Corrosion to deploy the ICCP-Subsea Assembly Method (SAM), a remote installation system jointly developed by the two companies. Engineering and procurement activities commence immediately, with offshore installation scheduled in line with the wind farm's construction programme. This award strengthens OEG's presence in the European offshore wind sector and expands its subsea portfolio.

Key Actions
90 OVO Energy secured contract OWP Gennaker GmbH
60 OVO Energy partnered with Corrosion
Entities Involved
priv
OVO Energy
OVO Energy is the primary contractor, securing a significant contract that expands its offshore wind portfolio and strengthens its market position. The deal is expected to contribute positively to its revenue and growth.
Importance 100.0 Sentiment 70.0
priv
OWP Gennaker GmbH
OWP Gennaker GmbH is the client awarding the contract, ensuring corrosion protection for the Gennaker wind farm. This supports the project's long-term reliability and operational success.
Importance 80.0 Sentiment 60.0
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Skyborn Renewables
Skyborn Renewables is the developer of the Gennaker wind farm, benefiting from the corrosion protection contract that enhances the project's integrity and long-term performance.
Importance 70.0 Sentiment 60.0
oth
Corrosion
Corrosion is a partner in deploying the ICCP-Subsea Assembly Method, contributing its cathodic protection expertise. The collaboration strengthens its role in offshore wind projects.
Importance 60.0 Sentiment 55.0
cnt
Germany
Germany is the location of the Gennaker wind farm, a flagship offshore wind development. The contract supports the country's renewable energy infrastructure and energy transition goals.
Importance 50.0 Sentiment 50.0
per
Rutger Lieverse
Rutger Lieverse is the Commercial Director for OEG's Subsea division, representing the company in the contract announcement. His role is supportive, with no direct financial impact.
Importance 30.0 Sentiment 40.0
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