Subsea 7 Tweaks Renewables & Heavy Lifting Business Unit
- Business & Finance
Subsea 7 has expanded the organisational structure of its Renewables and Heavy Lifting (RHL) Business Unit, which serves the offshore energy sector. The move came a few months after the company acquired Siem Offshore Contractors.
According to the mother company, its enhanced Renewables & Heavy Lifting unit will provide EPCI, T&I and Integrated Services to the offshore energy sector, covering project management, engineering, fabrication, heavy lifting, cable installation and decommissioning operations.
The unit now comprises four organisations, with two of them revolving around specific product lines and the other two managing and delivering Subsea 7’s services regionally.
The product line organisations include Seaway Heavy Lifting (SHL), which is in charge of transportation and heavy lifting of offshore structures, and Seaway Offshore Cables (SOC; former Siem Offshore Contractors), which is performing marine cable installation, trenching activities and related IMR services.
Regionally, Subsea 7 has set up its RHL unit to include Seaway Renewables North and Seaway Renewables South organisations that will provide integrated solutions to the renewables sector by utilising the combined resources of SHL, SOC and Subsea 7.
The unit is using its four dedicated offshore construction vessels: the heavy lift vessels Oleg Strashnov and Stanislav Yudin, the cable lay vessel Seaway Aimery and the installation support vessel Seaway Moxie.
Additional support is provided from other vessels in the Subsea 7 fleet if required, the company said.
Subsea 7 acquired Siem Offshore Contractors in April 2018, and became the sole owner of Seaway Heavy Lifting in March 2017.