Saipem and Seaway7 have signed a commercial collaboration agreement to jointly carry out projects in the offshore wind sector. The two companies have agreed to jointly identify, tender and execute fixed offshore wind projects.
The goal of the collaboration is to use their respective assets, technological products and competencies to improve the economics of the project. According to a joint statement, Saipem and Seaway7 will deploy key assets and capabilities to cover activities such as front-end engineering design (FEED), procurement, construction, transportation and installation of foundations and inner matrix cables, as well such as installation. of substations and wind turbines.
The pairing will pursue large turnkey integrated developments in Europe, the UK and the US. There is an option to expand geographically beyond the regions listed.
The collaboration will improve operational flexibility and enable early engagement with both customers and the supply chain to optimize design and execution strategies and to secure critical assets, including vessels and yards, the joint statement said.
“The agreement with Seaway7 represents an important milestone in providing a more competitive value proposition to our customers in certain fixed integrated wind projects. Together, we will be able to offer a complete set of services for wind farms in line with Saipem’s strategy to better serve the growth of renewable energy production projects,” said Gianalberto Secchi, Line Operations Director of marine wind business of Saipem.
“We are very pleased to partner with Saipem for this cooperation which builds on the successful collaboration on the Seagreen project. Working together, we will be well positioned to efficiently use complementary assets and capabilities to create solutions differentiated techniques and further optimize project execution. Importantly, the enhanced offering will also expand the potential market for EPCI opportunities through our combined fleet and expertise,” added Stuart Fitzgerald, CEO of Seaway7.
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