Subsea7 Secures Offshore Wind Installation Contract for Gennaker Project in Germany
Subsea7, via its Seaway7 unit, has secured a contract for the Gennaker offshore wind project in Germany, valued between $150 million and $300 million. The project involves the transportation and installation of 63 monopiles and transition pieces, with offshore operations scheduled to commence in 2027. This contract underscores the growing demand for large-scale offshore installation services in the region.
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Subsea7, through its Seaway7 business, has been awarded a contract for the Gennaker offshore wind development in Germany. The scope includes the transportation and installation of 63 monopiles and transition pieces, with offshore activities planned to start in 2027.
The contract is valued between $150 million and $300 million, contributing to Subsea7's backlog in Northern Europe. This award highlights ongoing demand for large-scale offshore installation services in Germany.
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