Completion of Seaway 7 ASA transaction
Subsea 7 today announced that the combination of its offshore fixed wind business with OHT ASA has been completed on 1 October 2021. Subsequent to the combination, OHT ASA will be re-named Seaway 7 ASA.
Subsea 7 Blue Space Limited, a wholly-owned indirect subsidiary of Subsea 7 S.A., holds 72% of Seaway 7 ASA shares and Subsea 7 S.A. will fully consolidate Seaway 7 ASA in its financial statements from 1 October 2021.
Further details have been announced by Seaway 7 ASA and can be found on www.seaway7.com.
Read the latest issue of the OGV Energy magazine HERE.
Published: 01-10-2021