Technip, SBM announce Ekwil offshore wind venture

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Technip Energies and SBM Offshore announce the formal implementation of Ekwil, a 50/50 floating offshore wind joint venture.

Ekwil is a pure player delivery partner offering a diversified range of series production floating offshore wind solutions to meet the growing and demanding needs of energy customers around the world. Ekwil brings together expertise and experience of two energy transition leaders to collectively power progress with semi-submersible INO by Technip Energies and Tension Leg Platform Float4Wind by SBM Offshore. This approach covers a large spectrum of the FOW market, aiming to bring these technologies to commercial deployment.

SBM and Technip Energies are teaming up for an offshore wind joint venture. (Courtesy: SBM Offshore)

Headquartered in France, Ekwil relies on a core team of 40 specialists, bringing together knowledge and innovation capacities and will be backed by the resources of SBM Offshore and Technip Energies for project execution.

“By bringing together two world leading players, Ekwil will accelerate the deployment of industrial solutions for the nascent Floating Offshore Wind market,” said Arnaud Pieton, Technip Energies CEO. “This joint-venture with SBM Offshore illustrates the commitment of Technip Energies to provide a diversified and expanding range of low-carbon solutions to support the global net-zero trajectory.”

“It’s just a question of time for market potential in Floating Offshore Wind power to materialize,” said Øivind Tangen, CEO of SBM Offshore. “This collaboration with Technip Energies ensures the availability of optimal solutions with certainty and reliability in delivery. Ekwil leads both partners toward success, pioneering new standards in renewable energy and driving progress towards a net-zero future.”

With 25 years of experience in the offshore industry, Séverine Baudic, former managing director of New Energies & Services at SBM Offshore, is the CEO of Ekwil.

“Today’s launch of Ekwil marks a significant step to power progress in the floating offshore wind market, combining industry-leading expertise and solutions,” Baudic said. “I am proud to have the trust and commitment of SBM Offshore and Technip Energies and look forward to leading our talented teams towards a greener future for all.”

More info www.sbmoffshore.com