Seatrium, the former Sembcorp Marine, has secured orders for two offshore substation platforms for an offshore wind project in the US.
The contract, which was awarded by Empire Offshore Wind, a joint venture between Equinor and BP, is worth over SGD 500m ($377.4m).
The Singapore-listed company said the contract further affirms its “turnkey capabilities in providing wind energy solutions for the offshore renewables sector”.
The scope of the project involves the engineering, procurement, construction, offshore hook-up and commissioning of the two platforms for the Empire Wind 1 and 2 Offshore Wind Farms located about 20 miles south of Long Island.
Construction works on the 810MW Empire Wind 1 Platform and the 1,260MW Empire Wind 2 Platform are expected to commence in late 2023 and the middle of 2024 respectively at Seatrium’s Singapore and Indonesia yards.
The Empire Wind project will power more than 1m homes in New York and is expected to be a major contributor in supporting the US energy transition goals for a low-carbon future.
Seatrium chief executive Chris Ong said the contract win was an endorsement of Seatrium’s “proven expertise in delivering a diverse suite of turnkey solutions for the offshore renewables and wind energy sector”.
Seatrium is already building a wind turbine installation vessel (WTIV) for Maersk Supply Service, which will be deployed on the Empire Wind development.
It is also working on a next-generation WTIV newbuild for Maersk Supply Service, as well as the engineering, procurement and construction of a WTIV newbuild for Dominion Energy.
In the renewable energy space, Seatrium is currently working on three 2GW high voltage direct current (HVDC) offshore converter platform projects for offshore wind farm projects in the Netherlands secured at the end of March 2023.
Other key wind energy projects in progress include a 1.4GW HVDC offshore converter platform for the Sofia Offshore Wind Farm for UK North Sea operation, an HVDC offshore converter platform and an onshore converter station for the DolWin 5 Offshore Wind Farm in the German North Sea, as well as two 440MW wind farm substation projects for the US market, and a 600MW offshore wind farm offshore substation platform for the Taiwan market.
Seatrium is due to provide a business update for the first quarter of 2023 on 12 May before trading hours.
