Subsea Micropiles and Marubeni Itochu Steel Sign Global Supply Agreement
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Strategic collaboration between the foundations company and leading steel trading firm to provide scalable industrial solutions for offshore wind projects worldwide
EDINBURGH, SCOTLAND – 21 MAY Following recent investments made by both the Scottish National Investment Bank and Marubeni Itochu Steel Inc. (MISI), Subsea Micropiles have signed an agreement with MISI for collaboration and the supply of steel for global markets for offshore wind and other applications.
The adaptation of micropiling technology to the offshore sector poses a highly beneficial disruption to the industry. Using smaller vessels and remote seabed drilling systems, large construction jobs can be more reliably completed with lower cost, minimal environmental impact and high local content.
The approach led by Subsea Micropiles provides a scalable industrial solution for large projects to include offshore wind, both fixed and floating structures. Foundation designs can be adapted for high load regimes across a wide range of soil conditions.
CEO at Subsea Micropiles, Derek Robertson added "It would be fair to describe offshore construction as the logistics of moving steel to the project site, and from our perspective to the seabed. Recognising steel as a dominant project cost, we are very pleased to be working with Marubeni Itochu Steel who can support us with tubular and flat plate steel globally, for the manufacture of anchor templates and piles in regional markets. We also enjoy a collaborative relationship on the development of OW projects in Asia and other markets.”
Managing Director at Marubeni Itochu Steel Europe (Europe subsidiary of MISI), Eiichi Fuji said:
MISI Group operates a global steel supply network, including Europe, and possesses extensive expertise in supply chain management. Through this Global Supply Agreement, we will support the commercialization of Subsea Micropiles by ensuring a stable and reasonable-priced supply of high-quality steel materials for their anchoring solution. Furthermore, we are committed to strengthening our collaboration with Subsea Micropiles and enhancing our role in the rapidly expanding global floating offshore wind industry.
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Notes to Editors
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About Subsea Micropiles
Subsea Micropiles Ltd. is leading the adaptation of terrestrial micropiling technology to the
offshore construction sector for high-performance seabed foundations and anchors. It
supports a wide range of applications to include increasingly larger offshore wind turbines
for both fixed and floating platforms.
Find out more at: subseamicropiles.com
About Marubeni - Itochu Steel Inc.
Marubeni - Itochu Steel Inc. (MISI) is a global leader in the steel industry, bringing extensive
expertise and resources to this partnership. MISI's investment reflects its strategic focus on
expanding its portfolio in the infrastructure sector and supporting cutting-edge technologies
that enhance construction efficiency and environmental sustainability.
Find out more at: benichu.com