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Cadeler signs preferred supplier agreement for foundation installation in 2028

ONGC and Reliance Industries have agreed to share deepwater resources off India’s east coast to reduce costs, accelerate projects and improve asset utilisation.
Photo courtesy of Cadeler

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Copenhagen, 28 January 2026 – Cadeler today announces that it has signed a preferred supplier agreement (PSA) with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm located in European waters.

The installation campaign is expected to commence in the first half of 2028 and to be executed using two of Cadeler’s wind installation vessels, including one of the company’s newbuild A-class series which are designed to excel in XXL foundation installation. The PSA is subject to the client’s final investment decision on the project. 

The agreement demonstrates the company’s continued development as a full-scope provider of foundation transportation and installation services within offshore wind. This will be Cadeler’s first full-scope foundation T&I project outside the United Kingdom.

Mikkel Gleerup, CEO of Cadeler, comments: “The signing of this preferred supplier agreement reflects continued confidence in Cadeler’s capabilities within offshore wind foundation transportation and installation. As we continue to build our pipeline of complex foundation scopes and broaden our experience in T&I across jurisdictions, our focus remains on safe execution and reliable project delivery.”

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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ONGC and Reliance Industries have agreed to share deepwater resources off India’s east coast to reduce costs, accelerate projects and improve asset utilisation.

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