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
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.
Contact for investment community enquiries:
Tel +47 911 89 669
Tel +44 7788 316 501
About Seaway 7Seaway 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).
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© Oslo Bors ASA, source Oslo Stock Exchange