Subsea 7 S.A. announced the award to Seaway7, part of the Subsea7 Group, of a sizeable contract by PGE Polska Grupa Energetyczna and Orsted for the transport and installation of the substations for the Baltica 2 wind farm, offshore Poland. Seaway7's scope includes the transport and installation of four substations. Offshore activity is scheduled to take place in 2026 utilising both heavy lift and heavy transportation vessels.

Baltica 2 is a 50:50 joint venture between PGE Polska GruPA Energetyczna, and Orsted. The wind farm, with a capacity of around 1.5 GW, will be located in the Polish sector of the Baltic Sea around 40 kilometres fromshore at its closest point. The contract is subject to financial close of the project, expected in 2024.

Subsea7 defines a sizable contract as being between USD 50 million and USD 150 million. Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry?s partner and employer of choice in delivering the efficient offshore solutions the world needs.