Prysmian has signed a collaboration agreement with TechnipFMC to further accelerate the global development of floating offshore wind by pioneering a complete water column solution, from seabed to ocean surface.
The collaboration will leverage the unparalleled expertise of TechnipFMC’s system design and integration capabilities in dynamic offshore applications with Prysmian’s global leadership in the production and installation of submarine power cable systems, the pair said.
The companies aim to deliver the optimised solution through a fully integrated Engineering, Procurement, Construction and Installation commercial model.
Integrated execution of this new solution-which includes mooring and anchoring and both dynamic inter-array and export cable systems-will improve project economics and derisk execution plans, they said.
Prysmian chief executive Massimo Battaini said: “This agreement is a great example of a solid cooperation between two industry leaders. Prysmian’s leadership is defined by our unwavering commitment to innovation.
“Our tailor-made solutions for customers reinforce our capabilities to deliver groundbreaking technology worldwide, helping to drive the global energy transition.”
TechnipFMC chair and chief executive Doug Pferdehirt added: “We are excited to partner with Prysmian, the worldwide leader in cabling solutions for the energy transition and digital transformation.
“The collaboration strengthens both companies’ position in this emerging market by providing an integrated solution that accelerates time to first power and reduces cost, while improving overall system reliability.
“This innovative subsea offering will create significant value for our customers and further differentiate TechnipFMC as the leading architect for offshore energy.”