Mooreast inks deals with Norwegian and South Korean companies

The two agreements will strengthen Mooreast’s global position in the renewable energy sector.

Mooreast Holdings has partnered with Norway-based GeoProvider AS to strengthen its offshore data analysis and enhance its value proposition to the floating offshore renewable energy market. 

Their agreement will allow Mooreast to tap into GeoProvider’s extensive geotechnical and geophysical database to accelerate data analysis and support larger, more complicated projects. 

Mooreast also signed a memorandum of understanding with Korea Ocean Engineering & Consultants Co., Ltd. to promote joint business and technology collaboration in offshore mooring and seabed anchoring solutions.

According to Mooreast, this lays the groundwork for future cooperation in the rapidly developing floating offshore wind market in North Asia, where Mooreast seeks to play a pivotal role in addressing local supply chain gaps in mooring systems.

“The two agreements will significantly strengthen Mooreast’s global position and our commitment to our transformation to serve the renewable energy sector. Through these partnerships, we are now better equipped to deliver a comprehensive solution for the offshore sector,” Eirik Ellingsen, CEO of Mooreast, said in a statement.