Maersk Supply Service (MSS) and Stiesdal Offshore have entered into a strategic partnership to offer combined services to the offshore floating wind sector.
With significant expansion predicted for floating wind, this emergent technology has the potential to play a pivotal role in the urgent transition to renewable energy, both companies said in a statement. To support and accelerate its development, the two Danish companies intend to combine their strengths to create comprehensive and integrated engineering, procurement, construction and installation (EPCI) concepts for foundations and moorings. This integrated approach will streamline the value chain, facilitating fast-track installations and ultimately bringing down the levelised costs of floating wind.
The aim of the collaboration is to leverage the companies’ combined strengths and assets to accelerate the roll-out of floating wind. By establishing Maersk Supply Service and Stiesdal Offshore as a joint solutions provider, they can offer full-scope EPCI services to floating wind park developers looking to scale their projects from demonstrations to full commercial operation. This collaboration enables seamless interfacing between foundation design, fabrication and assembly execution, and offshore installation. The partnership will allow faster and more robust optimisation for specific project needs and will facilitate shorter overall project durations, reduced working capital cycles, smoother foundation fabrication to installation, and overall reduced risk and improved project delivery.
“With this partnership, we want to offer our customers a combined EPCI solution for floating wind foundation design, fabrication, assembly and installation. We believe this will simplify the value chain in the growing floating wind sector, which is still in the early stages, but which will also by necessity see rapid expansion and growth in the coming decade. By working closely together with Stiesdal, we want to facilitate this green development – and to accelerate our own journey into floating wind,” said CEO of MSS, Steen S. Karstensen.
“Maersk Supply Services is a global operator with decades of world-leading marine services to its name. Stiesdal has the technologies for developing competitive floating offshore wind on a truly global scale. I am confident that with the combined capabilities of the two companies we can fulfil a significant share of the ambitious targets being set for floating wind in the coming decade,” added Stiesdal CTO Henrik Stiesdal.