Dutch company SBM Offshore NV (<a href="https://live.euronext.com/en/product/equities/nl0000360618-xams" target="_blank">AMS:SBMO</a>) and France's Technip Energies NV (<a href="https://live.euronext.com/en/product/equities/NL0014559478-XPAR" target="_blank">EPA:TE</a>) have formally set up their floating offshore wind joint venture (JV), the two said today.