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

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Subsea 7 awarded floating wind FEED contract (Credit: Thomas from Pixabay)

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today 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.

Philippe Gleize, VP Floating Wind, Subsea 7 said: “The Gray Whale 3 Offshore Windfarm project represents an exciting opportunity for Subsea 7 and furthers our involvement in the floating wind market in South Korea. We are very pleased to have been selected as a consortium partner and are looking forward to working collaboratively with our clients and all parties involved in maximising the wealth of knowledge, capability and expertise we collectively bring to deliver this FEED project.”

Source: Company Press Release