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Seatrium Faces Contract Cancellation for Empire Wind 2 Offshore Substation Platform

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Illustration. Credit: Pixabay

Singapore's Seatrium Ltd (SGX:S51), formerly known as Sembcorp Marine Ltd, announced on Thursday the cancellation of the contract for the offshore substation platform for the Empire Wind 2 project in the US by Empire Offshore Wind LLC. This development follows the recent decision by joint developers Equinor ASA and BP Plc to terminate the Offshore

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