AqualisBraemar LOC awarded contract for offshore wind engineering services

Offshore Wind Consultants Ltd (“OWC”), a wholly-owned subsidiary of AqualisBraemar LOC ASA (“ABL” or the “Company”), has entered into a large[1] contract to provide engineering services for an offshore wind development project on the UKCS with Blue Gem Wind (a joint venture between TotalEnergies and Simply Blue Group, together “Client”). The contract is for a term of approximately three years, and the scope of work includes Owners Engineering and Project Development Support.

[1] ABL defines a large contract as between USD 4 million and USD 7 million.