New division and MoU

Subsea 7 S.A., Luxemburg, announces the launch of its offshore renewables division and will provide project management, engineering and construction services to support offshore developments in the global renewables industry.

The new division of Subsea 7 announced the signing of a Memorandum of Understanding with Scottish and Southern Energy plc (SSE) under which Subsea 7 will form an alliance with SSE, Siemens plc, Siemens Transmission and Distribution Limited, Burntisland Fabrications Ltd and Atkins. The purpose of this alliance will be to work together in a collaborative arrangement in order to secure substantial reduction in the cost of delivered power from offshore wind farms. Subsea 7 will be responsible for marine operations and offshore construction within the alliance.

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