Singapore-listed Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen its offering to the floating offshore wind market.
Through their framework agreement, Mooreast will tap into GeoProvider’s geotechnical and geophysical database to accelerate offshore data analysis and support larger, more complicated projects.
Both parties will also collaborate on offshore wind projects as the floating renewable market transitions towards the commercialisation phase.
Mooring solutions specialist Mooreast has been offering geotechnical and geophysical studies, such as soil data analysis to determine project feasibility and engineering design for mooring configurations. The group is also Asia’s only ultra-high power anchor manufacturer.
Headquartered in Stavanger, Norway, GeoProvider provides geophysical data and geotechnical services for global clients involved in offshore wind, energy exploration and carbon capture and storage. It offers consultancy, advisory, and engineering for subsurface projects.
Mooreast chief executive Eirik Ellingsen said: “The agreement with GeoProvider reflects our strategy to build strong partnerships that add value to our clients and increase our capability to take on larger and more complex projects.
“GeoProvider’s strong track record complements our core competencies as a mooring specialist, allowing us to better meet the demands of the global offshore market.”
Meanwhile, Mooreast has also signed a memorandum of understanding (MoU) with Korea Ocean Engineering & Consultants Co Ltd (KOCECO) to promote joint business and technology collaboration in offshore mooring and seabed anchoring solutions.
KOCECO, recognised by South Korea’s Ministry of Trade, Industry and Energy, has experience in submarine cable laying and underwater engineering services. The MoU lays the groundwork for future cooperation in the rapidly developing floating offshore wind market in North Asia, where Mooreast seeks to play a pivotal role in addressing local supply chain gaps in mooring systems.
“The two agreements will significantly strengthen Mooreast’s global position and our commitment to our transformation to serve the renewable energy sector,” Ellingsen added. “Through these partnerships, we are now better equipped to deliver a comprehensive solution for the offshore sector.”