Staff Reporter
,
Singapore
Seatrium
The project is worth over $250m.
Empire Offshore Wind LLC cancels Seatrium’s contract to construct the Empire Wind 2 Offshore Substation (OSS) platform.
The cancellation was due to macroeconomic conditions impacting the project.
The project is valued at over $250m and is part of a larger contract signed in May 2023 as a joint venture between Equinor and BP.
Meanwhile, construction work for the project will commence in June 2024, with minimal engineering work performed.
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