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Seatrium secures contact for offshore projects worth $500 mil

Felicia Tan
Felicia Tan • 2 min read
Seatrium secures contact for offshore projects worth $500 mil
Artist’s impression of the offshore substation platform solution for the Empire Wind offshore wind project. Photo: Equinor
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Seatrium (formerly known as SembMarine) (SGX:S51) has secured a contract that’s worth more than $500 million from Empire Offshore Wind, a joint venture between Equinor and bp.

The contract, which is secured by Seatrium’s wholly-owned subsidiary Sembcorp Marine Offshore Platforms (SMOP), is for two offshore wind farm substations.

The award follows the successful completion of the front-end engineering and design (FEED) contract which was secured by SMOP in 2022. The project will involve the engineering, procurement, construction, offshore hook-up and commissioning of two offshore substation platforms for the Empire Wind 1 and 2 offshore wind farms. The wind farms are located about 20 miles south of Long Island, east of the Rockaways.

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