Subsea 7, Seaway Heavy Lifting Land Ten-Figure Offshore Wind Contract
- Business & Finance
Subsea 7 has teamed up with Seaway Heavy Lifting on an engineering, procurement, construction and installation (EPCI) contract for wind farm turbine foundations and array cables to be installed at the 588MW Beatrice offshore wind farm located in the Outer Moray Firth, Scotland.
The value of the contract is over USD 1.3 billion (over GBP 896 million), according to Seaway Heavy Lifting.
Subsea 7 and Seaway Heavy Lifting will project manage, design, engineer, fabricate and install jacket foundations and array cables for 84 wind turbines, and perform the transportation and installation of the offshore transmission modules.
Project management and engineering has already started at Seaway Heavy Lifting’s offices in Glasgow, Scotland, and Zoetermeer, the Netherlands, and at Subsea 7’s office in Aberdeen, Scotland. Offshore installation activities will be executed in 2017 and 2018 using Seaway Heavy Lifting’s heavy-lift vessels, Stanislav Yudin and Oleg Strashnov. Both these vessels provide significant lift and installation capabilities ideally suited for the challenges of installing wind farm foundations.
Jean Cahuzac, Subsea 7 Chief Executive Officer, said: “This offshore wind farm project is our largest North Sea award to date. Subsea 7 and Seaway Heavy Lifting have a strong reputation in their respective areas of expertise. This contract recognises both companies’ capability to execute contracts safely, on time and within cost targets and is another major step forward in establishing Seaway Heavy Lifting as a leading EPCI contractor in the offshore renewables market.”
Beatrice is being developed by Beatrice Offshore Windfarm Limited (BOWL), a joint venture partnership between SSE (40%), Copenhagen Infrastructure Partners (35%) and SDIC Power (25%).
The wind farm is expected to be commissioned in 2019.