HOUSTON, Could 20, 2025 /PRNewswire/ — GATE Vitality and HD Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MOU) formalizing their intent to collaborate on offshore power infrastructure initiatives, marking a strategic alignment between two leaders in engineering, procurement, building, and commissioning (EPCC).
Underneath the MOU, the 2 corporations will collectively pursue Engineering, Procurement, Building, and Set up (EPCI) alternatives within the offshore oil and gasoline sector, concentrating on international markets. HHI and GATE Vitality will work collectively as strategic companions, leveraging their respective strengths in EPC and commissioning to ship seamless mission execution, with roles outlined based on project-specific wants.
Mark Myhre, President of Commissioning at GATE Vitality, commented, “This MOU represents the following chapter in a powerful and rising relationship between GATE and HHI. Our collaboration on the King’s Quay and Shenandoah initiatives demonstrated what’s potential when two organizations align in each technical experience and supply mindset. We’re proud to formalize our intent to pursue future alternatives collectively, delivering worth to shoppers throughout the offshore panorama.”
Jung-Ho, Park, Vice President of HHI, commented: “This MOU represents the following step in an already sturdy partnership constructed on mutual respect, technical excellence, and shared success. Via landmark initiatives like King’s Quay, Shenandoah, and the continued Challenge, we now have solid a collaborative framework that constantly delivers superior outcomes. Along with GATE Vitality, we’re dedicated to advancing the offshore power sector by offering built-in options that improve predictability and create lasting worth for our shoppers worldwide.”
The settlement underscores a shared dedication to delivering turnkey options that improve schedule predictability in complicated offshore environments. Each organizations deliver confirmed execution expertise throughout floating manufacturing techniques, with HHI’s power in hull and topside EPC supply complemented by GATE Vitality’s commissioning and startup capabilities.
Lee Jordan, CEO at GATE Vitality, commented, “This settlement additional builds on the deep working relationship between HHI and GATE Vitality and positions us to collectively and effectively ship the following era of services to the offshore power trade.“
The MOU supplies a normal framework for future cooperation and knowledge sharing, with the pliability to align on particular tenders as alternatives come up. It additionally contains provisions for joint planning, useful resource integration, and the potential growth of execution fashions tailor-made to developer necessities.
About GATE Vitality
GATE Vitality is a 100% employee-owned, international mission supply agency, with a mission to enhance mission certainty in an unsure world. They assist builders efficiently ship initiatives —from front-end due diligence and proprietor’s engineering via building administration, turnkey commissioning, and preliminary startup. With a worldwide footprint spanning North America, Asia, and Latin America—and many years of expertise delivering each giant and small initiatives—GATE Vitality combines the size of a multinational with the agility of a specialised companion that allows predictable mission outcomes and safeguards mission investments.
For extra data on GATE Vitality, go to www.gate.power
About HD Hyundai Heavy Industries
HD Hyundai Heavy Industries (HHI) is a worldwide chief in shipbuilding and EPC with in depth experience throughout offshore platforms, FPSOs, FPUs, naval vessels, and large-scale power infrastructure. Over its 50-year historical past, HHI has constructed a powerful repute for delivering complicated initiatives with precision and reliability. Offshore & Vitality Enterprise Unit performs a pivotal function in advancing next-generation power options. Along with its confirmed capabilities in oil and gasoline, HHI is increasing its portfolio into eco-friendly power, together with offshore wind energy, small modular reactors (SMRs), and carbon seize and storage (CCS) techniques. Via these initiatives, HHI helps the worldwide transition towards a low-carbon future.
For extra data on HHI, go to https://english.hhi.co.kr
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