Italian-based contractor Saipem has signed a memorandum of understanding with Plambeck Emirates LLC, a solutions company in the field of renewables based in Abu Dhabi, for the development and construction of a floating offshore wind farm.

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The project will be based in Saudi Arabia

The project phases will commence shortly via Plambeck Saudi, a Plambeck company located in Riyadh, Saudi Arabia.

It is said that the partners will carry out the innovative project in accordance with Vision 2030, the Saudi strategy to promote the development of the country.

Saipem can start operations after finalisation of the financial agreements at the end of the planning phase, following which the contract will be signed for Saipem to undertake the engineering, design, construction and installation of the entire project and related services.

Francesco Balestrino, renewables and green tech product manager of the Xsight division, commented, “We believe that the wind market in Saudi Arabia can be supported by innovative solutions for the construction of offshore wind farms, such as the Saipem technology Hexafloat, with an accelerated programme and reduced costs.

“Initiating the new market in Saudi Arabia is an important opportunity to be seized and we are ready with Plambeck for this new challenge.”

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