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Seaway 7 ASA

Capital/Financing Update • Nov 26, 2020

3739_rns_2020-11-26_30923c8d-ffac-4b19-9de2-b5af00539502.html

Capital/Financing Update

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DOGGER BANK CONFIRMED – FINAL INVESTMENT DECISION REACHED

DOGGER BANK CONFIRMED – FINAL INVESTMENT DECISION REACHED

Following the announcement from SSE and Equinor regarding the final investment decision on Dogger Bank Offshore Wind Farms, OHT are pleased to confirm that this lifts the final subject in our installation contract for the monopile foundations on Dogger Bank A & B.

The project will be the first foundation installation project for OHT’s new custom built vessel Alfa Lift, due for delivery late 2021.

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