Maersk Supply Service, Stiesdal to Offer Combined Solutions to Floating Wind Developers

Business & Finance

Maersk Supply Service and Stiesdal Offshore have entered into a strategic partnership to combine their expertise and offer integrated engineering, procurement, construction and installation (EPCI) solutions for foundations and moorings to floating offshore wind project developers.

Stiesdal Offshore / Maersk Supply Service

The new partnership will take on projects that call for integrated floating wind solutions, including the engineering and design element of offshore floating wind structures.

Maersk Supply Service will act as lead contractor and key contact for clients on any projects carried out as part of the collaboration, with Stiesdal Offshore acting as a subcontractor to Maersk Supply Service.

The two Danish companies say that this integrated approach will streamline the value chain, facilitating fast-track installations and ultimately bringing down the levelised costs of energy (LCoE) 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 windpark 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 new partners said in a press release.

Both Maersk Supply Service and Stiesdal Offshore already have hands-on experience with floating wind projects and technology in their respective areas of foundation design and development, and offshore installation.

Stiesdal has its floating wind foundation installed offshore Norway, in water depths of 200 metres, as part of the TetraSpar Demonstrator project, realised in cooperation with Shell, RWE and TEPCO Renewable Power.

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Maersk Supply Service, which has been providing towing and mooring services to the offshore energy sector, recently oversaw and executed the mooring system installation for Saitec’s DemoSATH floating wind project offshore Bilbao in Spain.

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According to the two companies, this partnership will allow for faster and more robust optimisation for specific needs of floating wind project through pre-existing, fully worked out base solutions. The cooperation will also facilitate shorter overall project durations, reduced working capital cycles, smoother foundation fabrication to installation, and overall reduced risk and improved project delivery, the partners said.

“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 Maersk Supply Service, 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”, said Stiesdal CTO Henrik Stiesdal.

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