By Ian Walker

Subsea 7 SA said Tuesday that Seaway 7 ASA has been named preferred supplier for the Seagreen 1A wind project, offshore Scotland.

The contract--which is classified as 'very large' meaning it is worth between $500 million and $750 million--is expected to start next year. The project could be operational by 2025-26.

The time frame and Seaway 7's selection are subject to the Seagreen 1A project securing consent and a final investment decision by SSE Renewables and TotalEnergies SE, Subsea said.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

June 07, 2022 10:24 ET (14:24 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
SSE (PK) (USOTC:SSEZY)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024 SSE (PK) 차트를 더 보려면 여기를 클릭.
SSE (PK) (USOTC:SSEZY)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024 SSE (PK) 차트를 더 보려면 여기를 클릭.