Subsea7 awarded contract offshore Germany

About this update from Subsea 7 S.a.

[{"type":"text","content":"Luxembourg – 29 January 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award to Seaway7, part of the Subsea7 Group, of a substantial1 contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany.","length":259,"tagName":"p"},{"type":"text","content":"Seaway7’s scope of work includes the transportation and installation of the 63 monopiles and transition pieces. Offshore activities are expected to commence in 2027.","length":165,"tagName":"p"},{"type":"text","content":"Stuart Fitzgerald, Seaway7’s CEO, said: “Seaway7 has a strong track record in Germany, having supported over 20 projects and enabled almost 3,500 MW of clean energy for the country. We are delighted to bring this experience to the project and continue our collaboration with Skyborn Renewables, this time on the Gennaker offshore wind farm”.","length":341,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Subsea7 defines a substantial contract as being between $150 million and $300 million","length":85,"tagName":"p"}]}],"tagName":"ol","bulletedList":false,"length":85},{"type":"text","content":"*******************************************************************************Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.","length":336,"tagName":"p"},{"type":"text","content":"Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.","length":87,"tagName":"p"},{"type":"text","content":"*******************************************************************************","length":79,"tagName":"p"},{"type":"text","content":"Contact for investment community enquiries:Katherine TonksInvestor Relations DirectorTel +44 20 8210 [email protected]","length":123,"tagName":"p"},{"type":"text","content":"Contact for media enquiries:Nikki BealesCommunications ManagerTel +44 (0) 7843 895 292 [email protected] www.seaway7.com","length":134,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act...

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