Seaway7 signed a vessel reservation agreement with Dogger Bank Offshore Wind Farm1 for the transportation and installation of turbines for the Dogger Bank project, offshore the UK. Offshore works are expected to commence in 2026.
This represents additional work for Seaway7 at this development, where it is currently installing monopile foundations and transition pieces.
The value related to this substantial2 agreement will be recognised in backlog in the fourth quarter.
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