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Saipem and Seaway7 forge offshore wind alliance

By: Tom Russell 24/02/2023 Saipem

General Vessels

Saipem and Seaway7 announced that they have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind projects.

The two companies aim to cover activities such as front-end engineering design (FEED), procurement, construction, transportation and installation of foundations and inner-array cables, as well as the installation of substations and wind generator turbines. The target projects are large integrated turnkey developments in Europe, the UK and the US, with the possibility of expanding to other geographic areas.

Gianalberto Secchi, Chief Operating Officer of the Offshore Wind Business Line at Saipem commented: “The agreement with Seaway7 represents an important milestone to offer a more competitive value proposition to our clients on certain integrated fixed wind projects. Together, we will be able to provide a full set of services for wind farms in line with Saipem strategy to best serve the growth in renewable power production projects”.

Stuart Fitzgerald, Chief Executive Officer at Seaway7 commented: “We are very pleased to partner with Saipem for this cooperation which builds upon the successful collaboration on the Seagreen project. Working together, we will be well-positioned to efficiently utilise complementary assets and capabilities to create differentiated technical solutions and further optimise project execution. Importantly, the strengthened offering will also expand the potential market for EPCI opportunities through our combined fleet and expertises”.

Seaway 7 is the renewables business unit of Subsea 7 and specialises in supporting the construction of offshore wind farm projects, as well as specialist heavy lifting and cable installation services. The company operates a fleet of heavy lift and several cable lay vessels. The latest addition to its fleet was the Seaway Swan, a 50,000 Te DWT Heavy Transport Vessel with an open stern and large deck free from obstructions. The company is also awaiting the delivery of Seaway Ventusand Seaway Alfa Lift, expected in 2023 and 2024 respectively. Earlier this week it was reported that Seaway7 secured a contract for the transport and installation of cables for the Hai Long Offshore Wind Project.

Saipem operates numerous vessels to execute off heavy lift, crane, pipelaying, drilling and marine installation activities. This includes its ultra-heavy Lifting & Deepwater Pipelaying vessel Saipem 7000.The company has executed several contracts in the offshore wind market and in recent years been growing its presence in the sector. Last year it signed separate agreements with Siemens Energy, Trevi SpA and Havfram concerning the offshore wind sector. Back in 2021, it acquired Naval Energies, which has experience in floating offshore wind and has developed a semi-submersible floater concept.

For more information on Saipem and Seaway7 and their activities in the offshore wind market, click here.

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Saipem and Seaway7 forge offshore wind alliance

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