TAAP (174535) loganair EEC petrofac
Subsea 7 awarded renewables contract offshore Taiwan

Subsea 7 awarded renewables contract offshore Taiwan

 

Subsea 7 today announced the award of a sizeable(1) contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan.

Project engineering will commence immediately at Seaway 7’s offices in Leer, Germany and in Taipei, Taiwan. Offshore activities are expected to commence in 2023.

The contract is subject to a final investment decision by the client and Subsea 7 will record the contract in backlog once that decision has been made.

At this time, no further details can be communicated for contractual reasons.

(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

Source: Subsea 7

Read the latest issue of the OGV Energy magazine HERE.

Published: 16-07-2020

OGV Energy will use the information you provide on this form to be in touch with you and to provide updates and marketing. Please let us know all the ways you would like to hear from us:

TAAP (31875)