October 29 - Engineering, construction and project management giant Bechtel and Subsea 7, a world leader in the construction of offshore projects, are to work together to develop offshore wind and associated transmission projects in Europe.

The non-exclusive joint approach provides customers with Bechtel's experience in designing and building complex projects while Subsea 7's global expertise in seabed-to-surface engineering and construction will provide developers and utility providers with a single contracting group to take responsibility for the delivery of their projects.

"Subsea 7 and Bechtel recognise the strategic opportunity in offshore wind and transmission projects in Europe," said Jim Ivany, president of Bechtel's renewable power business line. "Having a relationship in place with one of the world's largest subsea contractors enables us to accelerate our entry into these regions."

www.bechtel.com

www.subsea7.com