DEME Offshore and Penta-Ocean will establish a joint venture to focus on the construction of offshore wind farms in Japan.
The companies are currently in the process of establishing the joint venture company, whereby 51 percent of the shares will be owned by Penta-Ocean and 49 percent by DEME Offshore.
Japan has ambitious targets to develop 10 GW of offshore wind power by 2030. DEME Offshore said that whilst the country has favourable wind conditions, it also has challenging subsoils.
Niels van Berlaer, business unit director of the Asia-Pacific region at DEME Offshore, said: “These complex conditions often mean that drilling expertise is necessary at offshore wind farm locations. But both companies have these skills in-house, given their dredging activities. By bringing these two leading companies together, we believe we can make a significant contribution to the long-term development of the offshore wind sector in Japan.”