Magnora established Magnora Offshore Wind in partnership with TechnipFMC, and the company submitted its first applications for licenses to develop offshore wind farms in the ScotWind leasing round in 2021. 

In April 2022, Magnora Offshore Wind signed an Option Lease Agreement with the Crown Estate Scotland for area N3. The planned development will have a total capacity of 495 MW which is estimated to produce 2.4 TWh per year. The Project is named Talisk, and the project team is decentralized with part of the team in Oslo, Norway, and part of the team at various locations in Scotland. 

Talisk is targeting consent in 2027, first production in 2030 and commercial operation in 2031. The project is progressing according to plan and has completed the two-year bird and mammal survey required for the Environmental Impact Assessment. Further, a metocean and LIDAR buoy contractor has been secured and is planned to be installed in the Summer of 2024.

In addition to the development of project Talisk, Magnora Offshore Wind has evaluated additional upcoming leasing rounds for floating offshore wind projects but have not yet decided to participate. 

The partnership with TechnipFMC has already provided several synergies in the ScotWind project. TechnipFMC has over 4,500 employees in England, Scotland, and Norway, with several of the key resources available locally.