Allseas Suspends Nord Stream 2 Pipelay Activities
Allseas has revealed that it has suspended its Nord Stream 2 pipelay activities “in anticipation of the enactment of the National Defense Authorization Act”.
In a statement posted on its website, Allseas said it will proceed “consistent with the legislation’s wind down provision” and stated that it expects “guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant U.S. authority”.
Nord Stream 2 represents the largest pipeline installation job in Allseas’ history, according to the company’s website.
The Nord Stream 2 Pipeline will transport natural gas into the European Union to enhance security of supply, support climate goals and strengthen the internal energy market, Nord Stream 2 AG’s website states.
Allseas describes itself as a “world renowned” contractor in offshore pipeline installation, heavy lift and subsea construction. The company employs over 4,000 people worldwide and operates a fleet of specialized heavy-lift, pipelay and support vessels, designed and developed in-house, Allseas’ website highlights.
Allseas has executed more than 300 projects and installed approximately 15,500 miles of subsea pipeline worldwide, according to its website.
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