Subsea 7 S.A. 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.
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Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.
Subsea 7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.
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Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 (0)20 8210 5568
katherine.tonks@subsea7.com
Contact for media enquiries:
Jacqueline Reukema
Communication Advisor Seaway 7
Tel +31 (0)79 3634512
jacqueline.reukema@subsea7.com
www.subsea7.com
Contact Information:
Katherine Tonks
Investor Relations Director
Tel +44 (0)20 8210 5568
katherine.tonks@subsea7.com
Tags:
, Wire, Disclosure Newswire, United States, English
Contact Information:
Katherine Tonks
Investor Relations Director
Tel +44 (0)20 8210 5568
katherine.tonks@subsea7.com
