Company News & Updates

Seaway 7 ASA is pleased to announce that it has been awarded a sizeable contract by Energie Baden-Württemberg AG (EnBW) for the Engineering, Procurement, Installation and Commissioning (EPIC) Works of inner-array grid cables on its He Dreiht Offshore Wind Farm project. The scope includes the supply and installation of around 100 km of 66 kV subsea power cables and respective cable protection systems. The company will utilise vessels from its state-of-the-art cable lay fleet which will commence work on the project in 2025.  The contract award is subject to He Dreiht reaching Financial Close b

Seaway 7 today announced the publication of its Annual Report for the year ended 31 December 2021.  The Annual Report is accompanied by the Group’s Sustainability Report for 2021, which was also published today. These are the Company’s first reports since the combination between OHT and Subsea 7’s renewables business unit in October 2021 which formed the new Seaway 7. Read the reports here.

Seaway 7 ASA will publish its fourth quarter results for the period ended 31 December 2021 on 3 March 2022 at 08:00 CET. A conference call and simultaneous webcast for the investment community will be held on 3 March 2022 at 14:30 CET. From 08:00 CET on 3 March 2022 the results announcement and the presentation to be reviewed on the conference call and webcast will be available on the Seaway 7 website: https://www.seaway7.com/investors/results-reports-publications. Webcast and conference call information: Date: 3 March 2022 Time: 14:30 CET Join the webcast Conference call details Participants

Sumitomo Electric Industries Ltd. (Sumitomo Electric) and Seaway 7 ASA (Seaway 7) are pleased to announce that they have signed a Memorandum of Understanding outlining their intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region. The collaboration will focus on providing robust, competitive, and localised turnkey engineering, procurement, installation and commissioning (EPIC) solutions for submarine cable projects. Sumitomo Electric will contribute its in-depth knowledge of the regional market and accumulated experience in the design and manufacturing of

Seaway 7 ASA has today confirmed the award of a sizeable(1) contract by China Steel Power Corporation Ltd for the transport and installation of the submarine cable system of the Zhong Neng Offshore Wind Farm in Taiwan. The award, first announced on 16th July 2020, is now confirmed with the project developers reaching final investment decision today and will now be included in the Seaway 7 backlog. China Steel Power Corporation Ltd is a joint venture company between China Steel Corporation and Copenhagen Infrastructure Partners. The Seaway 7 project scope includes 29 inner array grid cable

Seaway 7 is pleased to announce that today the steel cutting ceremony took place for its next generation Wind Turbine Installation Vessel (WTIV) at the China Merchants Heavy Industry (CMHI) facility in Jiangsu, China. The ceremony marks the first major milestone in bringing its GustoMSC NG-14000XL-G jack-up vessel to the market. This week, Seaway 7 also revealed the new build vessel’s name; Seaway Ventus meaning ‘wind’ in Latin. The vessel, previously known by project name VIND1, will be delivered in mid 2023. Mohsin Ali Khan, operations superintendent, officially cut the ribbon for Seaw

Seaway 7 ASA is pleased to announce that it has been awarded a sizeable (1) contract by Dogger Bank Wind Farm for the transport and installation of monopile foundations and transition pieces on the third phase of the Dogger Bank Offshore Wind Farm, Dogger Bank C. The company will utilise their specialist Heavy Lift Vessel Alfa Lift, and offshore installation will commence in 2024 following the installation of the Dogger Bank A and B phases. The contract award is subject to Dogger Bank C reaching Financial Close by the end of 2021.   Stuart Fitzgerald, Chief Executive Officer of Seaway 7 s

Seaway 7 ASA will publish its third quarter results for the period ended 30 September 2021 on 17 November 2021 at 08:00 CET. A conference call and simultaneous webcast for the investment community will be held on 17 November 2021 at 14:30pm CET. From 08:00 CET on 17 November 2021 the results announcement and the presentation to be reviewed on the conference call and webcast will be available on the Seaway 7 website: https://www.seaway7.com/investors/results-reports-publications/. Webcast and conference call information: Date: 17 November 2021, Time: 14:30pm CET Join the webcast Conference cal

11 October 2021: The first turbine jacket foundation has been installed at Seagreen – Scotland’s largest and the world’s deepest, fixed bottom offshore wind farm. Seaway 7 is managing the engineering, procurement, construction, and installation of Seagreen’s 114 wind turbine generator foundations and approximately 300km of associated inter-array cables. Offshore operations started last week when two jackets made their way on a barge from Global Energy Group’s Port of Nigg in the Highlands of Scotland to the site 27km off the coast of Angus. It was met by the Saipem 7000 – the sem

Oslo – 7 October 2021 – Seaway 7 ASA is pleased to announce that they have been selected as a preferred contractor by Ørsted for the transport and installation of wind turbine generators for part of the Gode Wind 3 and Borkum Riffgrund 3 offshore windfarms in Germany. The installation will utilise the company’s jack-up installation vessel VIND1, and the projects are expected to be fully commissioned in 2024 and 2025. The contract award is subject to EU tendering procedures, and Ørsted’s final investment decision to proceed with the projects. Stuart Fitzgerald, Chief Executive Off

Press Release after the closing on 1 October. Subsequent to our previous stock exchange announcements on 8 July 2021 and 30 September 2021, regarding the combination of OHT ASA (the “Company”) and the offshore fixed wind business of Subsea 7 (the “Transaction”), we are pleased to announce that the Transaction has been completed today. Effective from closing of the Transaction: OHT ASA is renamed Seaway 7 ASA Subsea 7 Blue Space Limited, a wholly-owned indirect subsidiary of Subsea 7 S.A., has contributed its ownership of 100% of the shares in Seaway Offshore Cables GmbH, SHL H

Seaway 7 is pleased to announce the newly-converted Seaway Phoenix has successfully installed its first inner array grid cable in Taiwan. Managing Director, Seaway 7 Offshore Cables, Renier van den Bichelaer said: “The addition of Seaway Phoenix to our fleet reflects the growing demand for our services, and doubles our capacity for inner array grid cable installations in the fast-growing offshore wind market. This provides clients with additional flexibility and allows us to serve multiple international locations simultaneously. “Seaway Phoenix replicates our well renowned ca