Category: Press Release

Cooperation with Signium to strengthen the company’s management functions

Flowocean and Signium have signed a letter of intent with the aim of Signium supporting Flowocean in the expansion the company is facing where the focus is on strengthening the company’s management functions.

Urban Joelsson, CEO and founder have tragically passed away

It is with great sorrow that we announce today that Flowocean AB’s CEO and founder Urban Joelsson has tragically passed away after an accident in Finland.

Flowocean acquires Sotenäs Offshore Park

Flowocean AB has today acquired Sotenäs Offshore Park AB and Sotenäs Nätverksamhet AB which includes a sea cable and associated infrastructure in Sotenäs, Sweden. Flowocean sees this acquisition as an important strategic step in the company’s development. Flowocean intends to establish a research and development operation in Sotenäs with a focus on floating offshore wind…
Read more

The Collins Group becomes Flowocean’s financial advisor

Flowocean AB and The Collins Group Inc. have signed an Engagement Agreement whereby The Collins Group agrees to act as financial advisor and agent to Flowocean and in this role will lead all financial structuring to ensure sufficient financing for the Company’s planned global growth. About The Collins Group The Collins Group ( is a…
Read more

Flowocean has been granted support from Vinnova

Flowocean has been granted support from Vinnova for developing its innovative solution for floating wind power. Flowocean has developed an innovative, patented concept for floating offshore wind power plants and has for this been granted support from Vinnova. Thanks to a significant weight reduction compared to most state of art floating solutions the cost for…
Read more