Technip Energies (PARIS: TE) and SBM Offshore (AMS: SBMO)
announce the formal implementation of Ekwil, a 50/50 Floating
Offshore Wind (FOW) 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 unrivalled expertise and
experience of two energy transition leaders to collectively power
progress with the two leading-edge technologies - 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.
Headquartered in France, Ekwil relies on a core
team of 40 specialists, bringing together knowledge and innovation
capacities in a fully integrated team, and will be backed by the
talented resources of SBM Offshore and Technip Energies for project
execution.
With 25 years of experience in the offshore
industry, Séverine Baudic formerly Managing Director of New
Energies & Services at SBM Offshore, is the CEO of Ekwil. Willy
Gauttier, previously VP Floating Offshore Wind of Technip Energies,
is the COO.
Arnaud Pieton, CEO of Technip Energies,
commented: “By bringing together two
world leading players, Ekwil will accelerate the deployment of
industrial solutions for the nascent Floating Offshore Wind market.
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.”
Øivind Tangen, CEO of SBM
Offshore commented:
“It’s just a question of time for market potential in Floating
Offshore Wind power to materialize. This collaboration with Technip
Energies ensures the availability of optimal solutions with
certainty and reliability in delivery. Ekwil leads both partners
towards success, pioneering new standards in renewable energy and
driving progress towards a net-zero future.”
Séverine Baudic, CEO of Ekwil
concluded: “Today’s launch of Ekwil marks a
significant step to power progress in the floating offshore wind
market, combining industry-leading expertise and solutions. 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.”
About Technip Energies
Technip Energies is a leading Engineering &
Technology company for the energy transition, with leadership
positions in LNG, hydrogen and ethylene as well as growing market
positions in blue and green hydrogen, sustainable chemistry and CO2
management. The Company benefits from its robust project delivery
model supported by an extensive technology, products and services
offering.
Operating in 34 countries, our 15,000 people are
fully committed to bringing our clients’ innovative projects to
life, breaking boundaries to accelerate the energy transition for a
better tomorrow.
Technip Energies shares are listed on Euronext
Paris. In addition, Technip Energies has a Level 1 sponsored
American Depositary Receipts (“ADR”) program, with its ADRs trading
over the counter.For further information: www.ten.com
About SBM Offshore
SBM Offshore designs, builds, installs, and
operates offshore floating facilities for the offshore energy
industry. As a leading technology provider, we put our marine
expertise at the service of a responsible energy transition by
reducing emissions from fossil fuel production, while developing
cleaner solutions for alternative energy sources.
More than 7,400 SBMers worldwide are committed
to sharing their experience to deliver safe, sustainable, and
affordable energy from the oceans for generations to come. For
further information: www.sbmoffshore.com
Contacts
Technip Energies
Phillip LindsayVice-President
Investor RelationsTel: +44 207 585 5051Email: Phillip
Lindsay
Jason HyonnePress Relations
& Social Media ManagerTel: +33 1 47 78 22 89Email: Jason
Hyonne
SBM Offshore
Wouter HoltiesCorporate Finance
& Investor Relations Manager Tel: +31 (0) 6 23 34 37
64Email: wouter.holties@sbmoffshore.com
Anne Guérin-MoensGroup HR &
Communications Director | SBM OffshoreTel: +31 (0)20 236 32
36Email: anne.guerin-moens@sbmoffshore.com
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