Subsea 7’s Seaway7 Wins Major UK Offshore Contract

Subsea 7 (GB:0OGK) has released an update.

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Seaway7, a part of Subsea 7, secured a substantial contract from Inch Cape Offshore Limited for the transport and installation of foundations at the Inch Cape Offshore Wind Farm in the Scottish North Sea. This project, valued between $150 million and $300 million, will contribute to the UK’s energy security and emissions targets with offshore work set to begin in 2026.

For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.

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