Oslo -08 December 2021 -Seaway 7 ASA has today confirmed the award of a sizeable(1) contract byChina Steel Power Corporation Ltd for the transport and installation of the submarine cable system of theZhong Neng Offshore Wind Farm inTaiwan . The award, first announced on16th July 2020 , is now confirmed with the project developers reaching final investment decision today and will now be included in theSeaway 7 backlog.China Steel Power Corporation Ltd is a joint venture company betweenChina Steel Corporation andCopenhagen Infrastructure Partners . TheSeaway 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 forSeaway 7 said 'This is the 6th offshore wind project forSeaway 7 inTaiwan 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 ofTaiwan . 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 Stuart.Fitzgerald@seaway7.comMark Hodgkinson Tel +44 7788 316 501 Mark.Hodgkinson@seaway7.com AboutSeaway 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 onOslo's Euronext Growth (SEAW7).
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