This second contract is for Nederwiek 1, a Dutch transmission station which forms part of TenneT’s landmark 2 GW programme. The project is to be executed as a standalone project, with Petrofac’s portion of the second contract valued at around US$1.4 billion.

Under the terms of the agreement, we will undertake the EPCI of offshore platforms and elements of the onshore converter stations while Hitachi Energy, as global technology partner, will supply its HVDC converter stations, which convert AC to DC power offshore and DC to AC onshore.

Since we announced the framework agreement in January, we have been collaborating closely with Hitachi Energy on preparatory works, reserving production capacity for multiple platforms and HVDC technology and initiating the detailed design process for the first platform awarded under the agreement, Ijmuiden Ver Alpha.

Additional projects within TenneT’s 2 GW programme are expected to be awarded at approximately six-month intervals. These are the grid connections landing at Geertruidenberg or Moerdijk (Nederwiek 3) and Eemshaven (Doordewind 1 and Doordewind 2). The sixth project, the German connection LanWin5, will be connected near Rastede, Germany.

John Pearson, Chief Operating Officer (COO), Energy Transition Projects, Petrofac, said: “We have been collaborating with our partner Hitachi Energy, and client TenneT, on the first project, Ijmuiden Ver Alpha. The award of Nederwiek 1 continues our focus on the standardisation and harmonisation of design and execution that will be central to the ‘design one, build many’ philosophy of the 2 GW pro-gramme. By aligning ourselves with TenneT’s objectives, we are creating a blueprint for the rapid deployment of large-scale infrastructure projects crucial to Europe’s energy transition.”

Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business added: “As a pioneering technology and market leader, we are delighted to collaborate to deliver our HVDC solution for Nederwiek 1, combining world-class energy and digital systems. Our strong collaboration with Petrofac, based on an agile business model, scalable solutions and synergies among projects, allows us to join forces and support TenneT in its ambition to accelerate offshore wind deployment in the North Sea, granting European citizens more sustainable and reliable power.”