Technip Energies and SBM Offshore form floating offshore wind joint venture

(WO) – Technip Energies and SBM Offshore announced the formal launch of Ekwil, a 50/50 floating offshore wind (FOW) joint venture.

Ekwil is a full-service solutions provider offering a diverse range of mass-produced floating offshore wind farms designed to meet the growing and demanding needs of energy customers worldwide.

Ekwil combines the knowledge and experience of two leaders in energy transformation to jointly drive progress on two cutting-edge technologies – Technip Energies’ semi-submersible INO and SBM Offshore’s Tension Leg Float4Wind platform.

This approach covers a broad spectrum of the FOW market, with the aim of bringing these technologies to commercial implementation. Based in France, Ekwil relies on a core team of 40 specialists, combining knowledge and innovation capabilities in a fully integrated team, and will be supported by talented resources from SBM Offshore and Technip Energies to deliver the project.

With 25 years of experience in the offshore industry, Séverine Baudic, former Managing Director of New Energies & Services at SBM Offshore, is CEO of Ekwil. Willy Gauttier, previously Vice President of Floating Offshore Wind at Technip Energies, is COO.

Øivind Tangen, CEO of SBM Offshore commented: “It is only a matter of time before the market potential for floating offshore wind energy materializes. This collaboration with Technip Energies ensures that optimal solutions are available with certainty and reliability in delivery. Ekwil leads both partners to success, setting new standards in renewable energy and driving progress towards a net zero future.”

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