Subsea7 to fold wind unit into SHL

Oleg Strashnov working at Sheringham Shoal

Oleg Strashnov

Subsea 7 will consolidate its renewables division into offshore operator Seaway Heavy Lifting (SHL), in which it holds a 50% stake.

At the same time, SHL chief executive Martin Spaans has announced his intention to depart after more than two decades with the company. Jan Willem van der Graaf, formerly Subsea7’s senior vice president for renewable energy, will become new chief executive.

The consolidation will allow SHL to “broaden its range of services and target larger [offshore renewables] projects”, the companies say.

SHL's vessels Stanislav Yudin and Oleg Strashnov have performed work at a variety of high-profile offshore wind projects in recent years, including Sheringham Shoal, Gwynt y Mor, Riffgat and Borkum West II.

Meanwhile,…

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