Seaway 7 ASA
Seaway 7 ASA
12/08/2021 | Press release | Distributed by Public on 12/08/2021 09:43
Seaway 7 Confirms Zhong Neng Cable Installation Contract
Tid08.12.2021, 15:40:00
MeldingsID548787
UtstederIDSEAW7
InstrumentSEAW7
MarkedEuronext Growth (Oslo)
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KategoriIKKE-INFORMASJONSPLIKTIGE PRESSEMELDINGER
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Seaway 7 Confirms Zhong Neng Cable Installation Contract
Oslo - 08 December 2021 - Seaway 7 ASA has today confirmed the award of a sizeable(1) contract by China Steel Power Corporation Ltd for the transport and installation of the submarine cable system of the Zhong Neng Offshore Wind Farm in Taiwan. The award, first announced on 16th July 2020, is now confirmed with the project developers reaching final investment decision today and will now be included in the Seaway 7 backlog. China Steel Power Corporation Ltd is a joint venture company between China Steel Corporation and Copenhagen Infrastructure Partners.
The Seaway 7 project scope includes 29 inner array grid cables and 4 landfall export cables of 66kV, totalling around 196km in length. In addition to the submarine cable installation works, Seaway 7 will also undertake submarine cable route surveys, perform horizontal directional drilling activities, and execute post-lay trenching, termination, jointing and testing services. Offshore installation activities are expected to commence in 2023.
Stuart Fitzgerald CEO for Seaway 7 said 'This is the 6th offshore wind project for Seaway 7 in Taiwan and we are proud to be contributing to the growing Taiwanese offshore wind market. Seaway 7 is bringing experience from over a decade of work in European offshore wind projects and is developing a local skilled workforce to deliver these milestone projects'.
The Zhong Neng offshore wind farm is located approximately 13 km off Changhua County on the west coast of Taiwan. The wind farm will have a capacity of approx. 300 MW, consisting of 31 Vestas 9.6MW wind turbine generators.
(1) "Sizeable" contracts are between $50m and $150m.
-Ends-
Contact for investment community enquiries:
Stuart Fitzgerald
Tel +47 911 89 669
[email protected]
Mark Hodgkinson
Tel +44 7788 316 501
[email protected]
About Seaway 7
Seaway 7 is a global leader in the delivery of bottom-fixed offshore wind farm solutions, committed to contributing to an efficient and sustainable energy supply for the future.
Seaway 7 is listed on Oslo's Euronext Growth (SEAW7).
The Seaway 7 project scope includes 29 inner array grid cables and 4 landfall export cables of 66kV, totalling around 196km in length. In addition to the submarine cable installation works, Seaway 7 will also undertake submarine cable route surveys, perform horizontal directional drilling activities, and execute post-lay trenching, termination, jointing and testing services. Offshore installation activities are expected to commence in 2023.
Stuart Fitzgerald CEO for Seaway 7 said 'This is the 6th offshore wind project for Seaway 7 in Taiwan and we are proud to be contributing to the growing Taiwanese offshore wind market. Seaway 7 is bringing experience from over a decade of work in European offshore wind projects and is developing a local skilled workforce to deliver these milestone projects'.
The Zhong Neng offshore wind farm is located approximately 13 km off Changhua County on the west coast of Taiwan. The wind farm will have a capacity of approx. 300 MW, consisting of 31 Vestas 9.6MW wind turbine generators.
(1) "Sizeable" contracts are between $50m and $150m.
-Ends-
Contact for investment community enquiries:
Stuart Fitzgerald
Tel +47 911 89 669
[email protected]
Mark Hodgkinson
Tel +44 7788 316 501
[email protected]
About Seaway 7
Seaway 7 is a global leader in the delivery of bottom-fixed offshore wind farm solutions, committed to contributing to an efficient and sustainable energy supply for the future.
Seaway 7 is listed on Oslo's Euronext Growth (SEAW7).