US EditionWindtech International - Subsea7 reports offshore wind progress and maintains 2025 revenue guidance
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Windtech International - Subsea7 reports offshore wind progress and maintains 2025 revenue guidance
Subsea7 reported growth in profitability in the second quarter of 2025 with an adjusted EBITDA margin of 20.5 percent. In offshore wind, Seaway Strashnov and Seaway Alfa Lift began work at Dogger Bank C in the UK to install 87 monopiles. Seaway Ventus started installation of 95 monopiles at the East Anglia Three project, also in the UK. At He Dreiht in Germany, Seaway Aimery and Seaway Moxie carried out cable installation.
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