News

February 15, 2024, Seoul – TWD and SPEC Engineering have signed a Memorandum of Understanding to collaborate on a pioneering R&D program issued by KETEP (Korea Institute of Energy Technology Evaluation and Planning). This collaborative effort is intended to significantly improve cost-saving pre-piling methods, especially concerning suction or pin pile foundations for jacket structures.

The MoU, signed by Paul Schoenmakers (Business Developer Korea & Japan at TWD) and Junghun Yun (President at SPEC Engineering) in Seoul, solidifies the partnership between TWD, a leading Dutch engineering company, and SPEC, a prominent engineering firm based in South Korea. Under the agreement, TWD will provide consultancy services and engage in design and engineering works as part of the consortium spearheading the KETEP R&D program.

SPEC has been assigned the responsibility of creating temporary work solutions within the consortium, highlighting the essential role of TWD’s expertise in the collaboration. At the heart of this partnership lies the creation of inventive solutions. This collaboration marks a significant step towards addressing the challenges posed by traditional pre-piling methods, offering cost-effective and environmentally sustainable alternatives.

With a shared vision for innovation and sustainability, both companies are determined to make significant strides in revolutionizing pre-piling methods for jacket structures. As the consortium prepares to submit its proposal to KETEP within the next two months, the collaboration between TWD and SPEC stands as a testament to a global effort to push the sustainable solution forward. In June, KETEP will announce who will be awarded the R&D program.

Paul Schoenmakers, Business Developer at TWD, expressed his enthusiasm about the collaboration: “We are excited to partner with SPEC Engineering on this R&D program. By combining our strengths and expertise, we aim to deliver cutting-edge solutions that will not only enhance efficiency but also contribute to sustainable engineering methods.”