Siem Offshore Contractors Gain Contract For Beatrice Offshore Wind Farm

2nd July 2016

Siem Offshore Contractors GmbH ("SOC"), a wholly owned subsidiary of Siem Offshore Inc., announced that SOC has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the 588 MW Beatrice Offshore Wind Farm ("OWF") by SHL Offshore Contractors BV (“SHL”). The contract confirms the continued expansion into the Offshore Renewable Energy Market for the Siem Offshore group.

The project has been developed by Scottish and Southern Energy (“SSE”) (40%), Copenhagen Infrastructure Partners (“CIP”) (35%) and State Development & Investment Corporation (“SIDC”) Power (25%) and has already reached financial close status on 23. May 2016.

The Beatrice OWF is located approx. 13km of the Caithness coast line in the “Outer” Moray Firth on the north-western point of the Smith Bank and features 84x 7 MW Wind Turbine Generators (“WTGs”), which shall be inter-connected by an inner array grid (“IAG”) of 91x 33 kV medium voltage alternating current (“MVAC”) submarine composite cables with a total length of up to 164 km.

SOC will be utilising vessels and resources within the Siem Offshore group, whereby the combined capabilities of Siem Offshore's marine operations and the project management, engineering and installation experience of SOC will form a strong resource base to benefit the project.

In addition to the submarine cable installation works, SOC will also provide associated materials and services including the supply of the submarine composite cables, cable protection systems and related accessories as well as post-installation termination, trenching and testing services.

The offshore works for the IAG cable system are due to begin in 2017, whereby the project is scheduled to be completed before the end of Q3 2018.