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ENGIC

Manufacturing · Direct · 2023–2024

WTIV Sturgeon

Wind Turbine Installation Vessel

What the record says

A next-generation Wind Turbine Installation Vessel designed by Seatrium in collaboration with Maersk, built in full compliance with the US Jones Act for the American offshore wind market. Block erection began in the Singapore drydock in 2023. The project became the subject of termination notices and arbitration between Seatrium and Phoenix II; a revised agreement was reached under which Seatrium Energy International delivers the vessel with Phoenix II taking delivery by 28 February 2026, paying a US$360M balance of which US$250M is financed by Seatrium over up to ten years. ENGIC executed works through the active construction period.

Direct contract — valve and piping works to Seatrium during construction, Aug 2023 – May 2024

Piping flanges and fittings on this scope include product manufactured at ENGIC's own plant in Vasai East, Palghar, Maharashtra (Mumbai region).

End operator
Maersk Offshore Wind (Phoenix II A/S)
Contracting party
Seatrium (SG) Pte Ltd
Location
Built Seatrium Singapore; destined for US offshore wind market
Asset status
Delivery by Feb 2026
Parent project value
US$360M balance; ~US$500M+ contractPublished value of the overall project, not ENGIC revenue.
Categories
FPSO / FSO / FSRU Projects, Valve Systems, Water Treatment Engineering