Saipem is to deploy the Finnish company Wello’s Penguin wave energy device at the Biscay Marine Energy Platform (BiMEP) test area off the coast of northern Spain.
The work covers transportation and installation of the technology from a yard in the Orkney Islands in Scotland, where it is currently located, to the BiMEP test area.
BiMEP is an open sea marked zone dedicated to supporting research and technical testing of prototype floating marine renewable energy devices, Saipem said.
This is the first joint project between Wello and Saipem and the duo aim to establish a model that can be applied to other business opportunities in the near future, the latter company said.
Saipem renewables and green technologies business development manager Francesco Balestrino said: “Following the cooperation agreement signed last September, this project represents Saipem’s first opportunity to perform a project in the marine energy field that is consistent with our diversification strategy.
“It also proves Saipem’s commitment to provide its clients with new sustainable solutions.
“We aim to apply WEC Penguin innovative technology to the oil and gas industry to enhance energy efficiency of offshore platforms as well as integration with other renewable sources.”