Sembcorp Marine, as part of a consortium, clinched its largest offshore
renewable project
This award underpins Sembcorp Marine EPCI newbuild execution capabilities
and strong track record
Sembcorp Marine Ltd (the “Company”, together with its
subsidiaries, the “Group”, or “Sembcorp Marine”), through its wholly-owned
subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), and consortium
partner GE Renewable Energy’s Grid Solutions (“GE”) have jointly secured a
Framework Cooperation Agreement (“FCA”) from TenneT TSO B.V. (“TenneT”).
The FCA covers a period of five years with an option to extend another three years. It
consists of three contracts, each valued at approximately EUR 2 billion, to supply the
high voltage direct current (HVDC) electrical transmission systems for three mega
offshore wind farm projects, with a combined capacity of six Gigawatt (GW), in the
Netherlands as part of TenneT’s offshore grid acceleration programme.
Representing the largest offshore renewables project secured by the Group,
Sembcorp Marine’s scope of work, involves the engineering, procurement,
construction, transportation, installation and commissioning of three 2GW HVDC
Offshore Converter Platforms – the biggest and most powerful of their kind in the
industry. The platforms will contribute towards TenneT’s sustainability ambition
through its offshore grid development programme, which involves the installation of
40GW of offshore wind energy in the German and Dutch North Seas, to enable Europe
to be the world’s first climate neutral continent.
The Offshore Converter Platforms will be progressively installed to serve TenneT’s
three offshore wind farm projects – the IJmuiden Ver Beta, IJmuiden Ver Gamma and
Nederwiek 2 grid connections. The IJmuiden Ver projects are located about 62 km off
the coast of the Netherlands, while the Nederwiek project is approximately 95 km off
the coast.
Construction of the Offshore Converter Platforms, each comprising a 25,500-tonne
topside and a 9,500-tonne jacket foundation structure, will progressively commence
from 3Q 2024 at Sembcorp Marine’s Singapore and Batam Indonesia yards.
Sembcorp Marine’s wholly-owned subsidiary Sembmarine SLP, based in the UK, will
be performing the offshore hook-up and commissioning. This will include the provision
of logistics and warranty support from its base in the UK, as well as the establishment
of a European office in the Netherlands.
Sembcorp Marine was awarded the contract based on the strength of the Group’s
offshore construction track record and expertise in the delivery of renewable wind
energy projects. The Company is currently constructing a HVDC Offshore Converter
Platform for the Sofia Offshore Wind Farm and a HVDC platform for the DolWin 5
Offshore Wind Farm. This latest contract award is the third HVDC offshore platform
project the Company will be delivering. Offshore completion of the platforms are
expected from 4Q 2029 to 2031.
Tim Meyerjürgens, COO of TenneT, said, “We are delighted to be working with GE
and their consortium partners as part of our task to connect 40 GW offshore wind in
the North Sea, one of the most important infrastructure projects of the century. TenneT
has the technical know-how, scale, and geographical position to connect wind energy
from the North Sea, while GE and its consortium partners have the HVDC expertise.
Together, with the GE consortia and other HVDC partners we will accelerate the
development of the offshore grid, thereby strengthening Europe’s energy security and
putting Europe on track to become the world's first climate-neutral continent by 2050.”
Philippe Piron, CEO of GE Grid Solutions, said, "Together with our consortium
partners, we are honoured and pleased to play a key role in this critical infrastructure
project for European energy security and decarbonisation. These awards confirm that
GE’s Voltage-Sourced Converter HVDC technology is now recognised as one of the
most advanced in the world."
Samuel Wong, Head of SMOP, said, “We are heartened to be awarded this landmark
contract for the turnkey construction of the 2GW Offshore Converter Platforms for
TenneT’s wind farm projects. This award sets a new benchmark as our biggest
capacity and highest specification offshore platforms construction project. We are
excited to work with TenneT and our consortium partner GE on this milestone project
to deliver the highest standards of sustainability, safety, quality and performance
required."
Sembcorp Marine Chief Executive Officer Chris Ong said, “We are delighted, together
with our partner GE, to be selected by TenneT for three of their eleven two-gigawatt
offshore converter platforms in Europe. These are our largest and most advanced
state-of-the-art offshore renewable energy projects to date. We thank GE and TenneT
for their trust and confidence in our offshore construction capabilities.”
“We look forward to contributing to TenneT’s vision and decarbonisation objectives
and at the same time contributing to the global transition towards cleaner, greener and
renewable energy. Offshore renewables is an important pillar of our business and we
will continue to develop cleaner, greener and renewable solutions across our entire
business value chain in the offshore, marine and energy sectors.”
