Seatrium (formerly known as SembMarine) has secured a contract that’s worth more than $500 million from Empire Offshore Wind, a joint venture between Equinor and bp.
The contract, which is secured by Seatrium’s wholly-owned subsidiary Sembcorp Marine Offshore Platforms (SMOP), is for two offshore wind farm substations.
The award follows the successful completion of the front-end engineering and design (FEED) contract which was secured by SMOP in 2022. The project will involve the engineering, procurement, construction, offshore hook-up and commissioning of two offshore substation platforms for the Empire Wind 1 and 2 offshore wind farms. The wind farms are located about 20 miles south of Long Island, east of the Rockaways.
The platforms, upon their completion, will be operated by Equinor. The project will power over one million homes in New York and is expected to be a major contributor in supporting the US’s energy transition goals.
Construction works on the 810MW Empire Wind 1 platform and the 1,260MW Empire Wind 2 platform are expected to commence in 4QFY2023 and 2HFY2024 respectively at Seatrium’s Singapore and Indonesia yards.
In addition, the group will be constructing a wind turbine installation vessel (WTIV) for deployment at the Empire wind farms. The next-generation WTIV is designed to handle wind turbines with larger capacities.
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“We would like to thank Empire Wind for their confidence in awarding us the turnkey construction of the two offshore substation platforms for the Empire Wind 1 and 2 wind farms. Leveraging the combined capabilities and synergies of our group, we are committed to working in close partnership with the Empire Wind team to achieve high standards of safety, quality, sustainability and performance, as well as execution excellence and the timely delivery of both offshore substation platforms,” says Samuel Wong, executive vice president and head of SMOP.
“We are heartened to be chosen by Empire Wind as a trusted partner for the engineering, procurement, construction, offshore hook-up and commissioning of the Empire Wind 1 and 2 Wind Farm offshore substation platforms, which will contribute towards advancing sustainability and decarbonisation through their US operations. The contract win is an endorsement of Seatrium’s proven expertise in delivering a diverse suite of turnkey solutions for the offshore renewables and wind energy sector,” says Chris Ong, CEO of Seatrium.
Shares in Seatrium closed 0.1 cent higher or 0.78% up at 13 cents on May 5.
