Bechtel and Subsea 7 to Pursue Offshore Wind Projects
Bechtel and Subsea 7 announced on October 8 that they will work together to develop offshore wind and associated transmission projects in Europe, including the UK and Germany. Bechtel is a designer and builder of some of the world’s most complex energy projects. Subsea 7 has expertise in seabed-to-surface engineering and construction. The joint venture will provide utilities a single group to deliver their projects. Both companies will continue to pursue opportunities separately in the offshore wind and transmission sector where the scope of work is segmented in multicontracting arrangements.