SBM Offshore and Technip Energies have agreed to create a floating wind joint venture.
The companies have signed a memorandum of understanding (MoU) for the creation of EkWiL, a floating offshore wind company to provide a wide range of engineering solutions to clients.
The 50:50 JV will operate as a fully integrated team, “bringing together knowledge, innovation and capacities” to develop the semi-submersible INO15 by T.EN and the Ttnsion leg platform Float4Wind technologies and bring them to commercial deployment.
SBM Offshore chief executive Bruno Chabas said: “Our aim is to become a recognised leading contractor in developing floating offshore wind infrastructures.
“Collaboration is fundamental to position our ambitions sustainably while managing the pace of infrastructure development and the challenging economics of these pioneering systems.
“We are pleased to share our experience with the right partner, broadening the range of solutions and reinforcing our energy transition commitment.”
Technip Energies chief executive Arnaud Pieton added: “Joining forces and collaborating are necessary to capture the potential of the nascent floating offshore wind market.
“By leveraging the synergies of complementary technologies and supply chain experience, EkWiL will increase predictability to meet market demand and deliver on our ambition to provide new energy solutions.”