Transaction to combine OHT and Seaway 7 completed

Seaway 7 ASA has confirmed that the combination between OHT ASA and Subsea 7’s offshore fixed wind unit has been completed. 

 

The combined company, renamed Seaway 7 ASA, retains OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs. The new combined company forms a listed, pure-play renewables company focused on bottom-fixed offshore wind. Stuart Fitzgerald is the incoming CEO of Seaway 7.