The two signed the memorandum of understanding (MoU) to cooperate on the development and deployment of the technology, which is intended for near-shore LNG terminal developments.
The MoU follows on from SembMarine’s takeover earlier this year of Norway’s GraviFloat, after it took a further 44% to raise its stake to 56% in a deal worth US$76 million.
Gravifloat solutions are steel-based modularised and floatable structures fixed to the seabed.
