Teekay, A2SEA to Develop Windfarm Installation Vessel

Thursday, June 30, 2011

Teekay Corporation TK +0.42% (Teekay) today announced it has signed a memorandum of understanding (MOU) with A2SEA A/S (A2SEA) to jointly develop an innovative vessel design for the installation of offshore wind foundations. A2SEA is a leading service provider to the offshore wind sector.

 
The MOU encompasses the key terms of cooperation between Teekay and A2SEA for the design, delivery and operation of floating transportation and installation vessels for offshore windfarm foundations for deepwater locations and harsh weather conditions, and which meet the requirements of expected future offshore windfarm foundation concepts, such as tripods and jackets.
 
The joint cooperation between the two companies is based on A2SEA's extensive knowledge of offshore windfarm installation and Teekay's unique experience of operating large vessels controlled by dynamic positioning systems. A2SEA and Teekay are jointly developing a floating windfarm installation design through a technical study with the objective of subsequently delivering an innovative vessel to the market by 2014.
 
"A2SEA is committed to developing an innovative vessel design that can cope with the next generation of offshore windfarm foundations," commented Kaj Lindvig, Chief Sales Officer, A2SEA A/S. "Our aim is to provide a cost efficient concept that is unrestricted by factors that the second generation vessels coming onto the market now face such as water depth, type of sea bed, et cetera. We at A2SEA, alongside Teekay Corporation, believe that we have a floating installation concept that will be capable of transporting pre-assembled foundations straight out to the site that will drive down the time and cost of windfarm foundation installation We are very excited about this venture and the prospect of developing a pioneering foundation installation technique."
 
Stein Rynning, Senior Vice President, Teekay Shuttle Tankers and Offshore added, "Teekay's unique experience in sophisticated shuttle tanker operations and ability to access suitable existing tonnage, paired with A2SEA's extensive experience in the offshore wind sector, provides the ideal basis to jointly develop an optimized vessel for the installation of offshore wind foundations."
 
Under the terms specified in the MOU, if constructed, Teekay will own and operate the vessel while A2SEA will provide project management and operational expertise.
 
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Offshore

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1147 sec (9 req/sec)