Seaway Heavy Lifting awarded Triton Knoll contract

With reference to the initial stock announcement on 19 July 2018 by Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) Seaway Heavy Lifting, part of Subsea 7 Renewables & Heavy Lifting Business Unit, is pleased to confirm the award of the Triton Knoll contract.

The sizeable(1) contract scope includes the transport and installation of 90 WTG foundations and two offshore substations and was awarded by Triton Knoll Offshore Windfarm Limited.

Triton Knoll is a consented offshore wind farm being developed by Innogy Renewables UK Ltd. The project is owned by Innogy SE (59%) and partners J-Power (25%) and Kansai Electric Power (16%). The Triton Knoll wind farm is located in the Greater Wash area, approximately 33km off the coast of Lincolnshire and 46km from the North Norfolk coastline. Once fully operational, Triton Knoll Offshore Wind Farm will be capable of supplying the equivalent of 800,000 UK households with renewable electricity.

Offshore installation activities will be executed in 2020 using Seaway Heavy Lifting’s crane vessel, Stanislav Yudin. This vessel provides significant lift and installation capabilities ideally suited for the challenges of installing wind farm foundations.

Steph McNeill, SVP Subsea 7 Renewables & Heavy Lifting, said: “Seaway Heavy Lifting has a long track record of successful and safe balance of plant installation for renewable energy projects in the North Sea. We look forward to supporting Innogy in completing the development of the Triton Knoll Windfarm offshore.”

1. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.