Subsea Innovation Limited (SIL) and Tekmar Energy Limited (TEL) signed a strategic collaborations agreement to collaborate in sales, product development and strategic initiatives towards cost and risk reduction in both OWF cabling equipment and O&G SURF and pipeline ancillaries.
Tekmar Energy is a market leading supplier in the offshore wind farm sector suppling its patented technology TEKLINK® cable protection system (CPS) on over 45 renewable projects.
Recent CPS successful projects include:
This is a signed agreement to develop new solutions for:
James Ritchie CEO Tekmar Group said "Both sectors (Oil and Gas and Offshore Wind) now face the same key challenge in price pressure and need to see cost and risk reduction to ensure sustainable demand. Within Offshore Wind we intend to leverage our customer and cabling experience with SIL to develop new tools and equipment to support this challenge".
Dave Thompson MD Subsea Innovation said "Working with Tekmar to strategically develop new products and services for clients in these challenging times is the right collaboration needed to ensure value within the supply chain. The team at Subsea Innovations have a wealth of offshore and subsea engineering experience that can be utilised to give Tekmar the opportunity to sell innovative technologies to both sectors".