New Floating Offshore Wind Joint Venture

SBM Offshore and Technip Energies announced the formal implementation of Ekwil, a 50/50 floating offshore wind (FOW) joint-venture. Ekwil will be a pure play delivery partner offering a diversified range of ‘series production’ FOW solutions to meet the growing and demanding needs of energy customers around the world.

Ekwil brings together two key technologies — Semi-submersible INO15 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 and will be backed by the resources from 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 chief executive officer (CEO) of Ekwil. Willy Gauttier, previously vice president of Floating Offshore Wind of Technip Energies, is the chief operations officer.

“By bringing together two players, Ekwil will accelerate the deployment of industrial solutions for the nascent FOW market,” said Arnaud Pieton, CEO of Technip Energies. “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.”

“It’s just a question of time for market potential in FOW power to materialize,” said Øivind Tangen, CEO of SBM Offshore. “This collaboration with Technip Energies ensures the availability of optimal solutions with certainty and reliability in delivery. Ekwil leads both partners toward success, pioneering new standards in renewable energy and driving progress toward a net-zero future.”