Technip Energies signed a Memorandum of Understanding (MoU) with the yard infrastructure provider Young Chang and heavy lifting solutions provider Sarens to collaborate on floating offshore wind projects offshore South Korea.
The cooperation covers the development of an integrated solution to provide floating wind turbine marshalling & integration services, using Young Chang’s Shinan yard and Sarens’ capabilities in heavy lifting and engineered transport. The agreement is key for unlocking and supporting the ambition to start up the floating offshore wind industry in South Korea.
Gill-Sik Park, CEO of Young-Chang Heavy Industry, commented, “We are delighted to collaborate with Technip Energies and Sarens as one team to provide a complete service for marshalling and integration activities relating to floating offshore wind power projects. With Technip Energies’ project leadership and Sarens’ mobilization capacity, we will focus on the Korean market first and look forward to other global opportunities.”
Technip Energies is an Engineering & Technology company for the energy transition, with expertise in Liquefied Natural Gas (LNG), hydrogen, and ethylene. The firm is growing its presence in blue and green hydrogen, sustainable chemistry and CO2 management. The firm operates in 35 countries.
Recently, Technip Energies won a major Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS). The award will cover the delivery of 2 mega trains, each with a capacity of 8 million tons per annum (Mtpa) of Liquefied Natural Gas (LNG). The project will also include a CO2 carbon capture and sequestration facility of 1.5 Mtpa, which would lead to a 25 per cent plus reduction of greenhouse gas emissions when compared to similar LNG facilities.
Young Chang Heavy Industries started the steel bridge business in 1996. The firm claims to have built and delivered 16 units of marine vessels and various steel structures and module fabrication with a steel fabrication capacity of 90,000 tons/year in Shinan Yard.
Sarens is the global leader and reference in crane rental services, heavy lifting, and engineered transport. Owing to Sarens’ global presence, its large crane fleet, and its broad experience in the transportation, lifting and installation of wind turbines, makes it boasts expertise in the wind power sector, both on and offshore. Sarens is a multinational group with 100 offices on five continents.