
SK Oceanplant Secures BalWin5 Jacket Contract from Seatrium
SK Oceanplant has secured a $110.7 million Seatrium contract to supply one jacket foundation and 20 piles for TenneT’s BalWin5 HVDC offshore converter platform in the German North Sea.

SK Oceanplant has secured a $110.7 million Seatrium contract to supply one jacket foundation and 20 piles for TenneT’s BalWin5 HVDC offshore converter platform in the German North Sea.

Seatrium and GE Vernova have secured TenneT’s BalWin5 2.2 GW offshore grid connection in Germany, lifting Seatrium’s 2025 orders above S$4 billion (US$3.08 billion) with commissioning planned in 2032.
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