Subsea 7 S.A. announced the award by Corio and TotalEnergies of a FEED contract for a floating wind development in South Korea. The Gray Whale 3 project is a 504MW development located around 60 to 70 kilometres offshore from Ulsan. The basic design contract will be executed in a consortium with Technip Energies and Samkang M&T and will include engineering of floating foundations, mooring and inner-array cable in collaboration with the turbine supplier.

Engineering will commence immediately at Subsea 7's offices in the UK, South Korea, Malaysia and France.