Bechtel, Subsea 7 Teaming Up On Offshore Wind, Transmission Projects

NAW Staff, Monday 08 October 2012 - 11:51:16

Engineering, procurement and construction (EPC) services providers Bechtel and Subsea 7 say they are collaborating on the development of offshore wind and associated transmission projects in Europe, including in the U.K. and Germany.

As a result of this agreement, the companies say they will provide developers and utilities a single contracting group to take responsibility for the delivery of their projects. Bechtel and Subsea 7 will engage with key stakeholders in the market and evaluate prospective project opportunities on a case-by-case basis.

Both companies will continue to pursue opportunities separately in the offshore wind and transmission sector.

"Subsea 7 and Bechtel recognize the strategic opportunity in offshore wind and transmission projects in Europe," says Jim Ivany, president of Bechtel's renewable power business line. "Having a relationship in place with one of the world's largest subsea contractors enables us to accelerate our entry into these regions with a well-respected company whose values and commitment to safety, ethics and quality are consistent with ours."




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