Subsea7 awarded contract offshore Germany

Core Insights - Subsea 7 S.A. has been awarded a substantial contract by OWP Gennaker for the Gennaker offshore wind farm in Germany, with offshore activities expected to commence in 2027 [1][2] - The contract involves the transportation and installation of 63 monopiles and transition pieces, with the contract value estimated between $150 million and $300 million [2] Company Overview - Subsea 7 is recognized as a global leader in delivering offshore projects and services, focusing on creating sustainable value in the energy industry [2] - The company has a strong track record in Germany, having supported over 20 projects and contributed to nearly 3,500 MW of clean energy [2]