Seaway7, Dong Fang Offshore partner in Taiwan
Seaway7 and Dong Fang Offshore (DFO) have signed a memorandum of understanding (MOU) on collaboration in the Taiwanese offshore wind market that will focus on cable installation.
According to Seaway7, the MOU outlines the intention of the two companies “to collaborate in an exclusive manner and further strengthen their offering to the offshore wind market in Taiwan.”
In Taiwan, where the company has been operating since 2017, Seaway7 is currently involved in four offshore cable installation projects, supporting the connection of more than 2.5 GW to the Taiwanese power grid.
“The intended partnership with Dong Fang Offshore builds on our existing long-term business relationship and aligns with our strategy to be a long-term presence in Taiwan. Working together [we] are well positioned to efficiently utilise assets, unlock synergies for our clients and further optimise project execution,” said Stuart Fitzgerald, Chief Executive Officer of Seaway7.
The collaboration between Seaway7 and Dong Fang Offshore will see Seaway7 providing comprehensive project management, engineering and installation knowledge, and DFO contributing the company’s in-depth local market knowledge, as well as its assets and marine operations expertise.
Ben Darrington, Chief Operating Officer of Dong Fang Offshore, said: “The partnership between DFO and Seaway7 represents a concrete step towards ensuring Taiwan and the APAC region has a viable, high quality local cable installation and repair solution, through the use of the combined fleets and the experience and knowledge of Seaway7.”