Brief: Subsea 7 wins "substantial" wind farm contract offshore Taiwan

Yunsa Yunlu Sanayi ve Ticaret

13/11/2018 07:33

Nov 13 (Reuters) - Subsea 7 SA  SUBC.OL :
    * SUBSEA 7 AWARDED CONTRACT OFFSHORE TAIWAN
    * ANNOUNCED AWARD OF A SUBSTANTIAL) CONTRACT TO SEAWAY
OFFSHORE
CABLES (SOC), AN ENTITY IN SUBSEA 7'S RENEWABLES AND HEAVY
LIFTING BUSINESS UNIT, FOR YUNLIN OFFSHORE WIND FARM PROJECT BY
YUNNEN WIND POWER COMPANY, A COMPANY OF THE WPD GROUP, FOR THE
SUPPLY AND INSTALLATION OF THE EXPORT AND INNER ARRAY GRID CABLE
SYSTEM
    * SUBSEA 7 DEFINES A SUBSTANTIAL CONTRACT AS BEING BETWEEN
USD 150
MILLION AND USD 300
    * YUNLIN OFFSHORE WIND FARM IS LOCATED APPROXIMATELY 8KM OFF
COAST
OF YUNLIN COUNTY WITHIN TAIWAN STRAIT ON WEST COAST OF TAIWAN
AND COMPRISES 80 WIND TURBINE GENERATORS EACH WITH A CAPACITY OF
8 MEGAWATT
    * PROJECT ENGINEERING WILL COMMENCE IMMEDIATELY FROM SOC
OFFICES
IN LEER, GERMANY AND TAIPEI, TAIWAN. OFFSHORE ACTIVITIES ARE
PLANNED FOR EXECUTION IN 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nObisCmKxa
Further company coverage:  SUBC.OL 

 (Reporting By Ole Petter Skonnord)
 ((olepetter.skonnord@thomsonreuters.com;))