Teekay, A2SEA To Jointly Develop Offshore Wind Installation Vessel

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Teekay Corp. has signed a memorandum of understanding (MOU) with A2SEA to jointly develop an innovative vessel design for the installation of offshore wind foundations.

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 wind farm foundations for deepwater locations and harsh weather conditions, and which meet the requirements of expected future offshore wind farm foundation concepts, such as tripods and jackets.

The joint cooperation between the two companies is based on A2SEA's knowledge of offshore wind farm installation and Teekay's experience of operating large vessels controlled by dynamic positioning systems, according to the companies.

A2SEA and Teekay are jointly developing a floating wind farm installation design through a technical study, with the objective of subsequently delivering a vessel to the market by 2014.

‘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 and type of seabed,’ says Kaj Lindvig, chief sales officer at A2SEA.

Under the terms specified in the MOU, if the vessels are constructed, Teekay will own and operate them while A2SEA will provide project management and operational expertise.

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