Welcome, everyone. This is Stian Lysaker, and I'm the Head of Treasury and Investor Relations at Seaway 7. For the first part of this call, all participants will be in listen-only mode, and afterwards there will be a Q&A session. With me on the call today are Stuart Fitzgerald, our CEO, and Mark Hodgkinson, our CFO. The Third Quarter 2022 Results press release is available to download on our website, along with the presentation slides that we will be referring to during today's call. May I remind you that this call includes forward-looking statements that reflect our current views and are subject to risks, uncertainties, and assumptions. Similar wording is also included in our press release. I'll now turn the call over to Stuart. Thank you, Stian, and good afternoon all. The agenda for this call is on slide number three. First, I will talk to the highlights for the third quarter. This will be followed by a brief update of ongoing operations across our project portfolio and new build program before handing over to Mark, who will run us through the financial performance for Q3 2022 and the financing of the company. I will then talk to the market outlook and tender pipeline before we open for Q&A. Our revenue for the third quarter was $374 million with an adjusted EBITDA of $21 million, representing an adjusted EBITDA margin of 6%. This represents flat top line and improved bottom line performance compared to the same period last year. Operating cash outflow was $40 million, giving a net debt excluding lease liabilities of $188 million. Order intake in the quarter was $198 million, and we close at $0.6 billion of backlog at the end of the quarter, with a number of additional pre-backlog positions on other projects which I will come back to later. We saw a number of operational highlights in a busy quarter, with the most significant being the completion of Hollandse Kust Zuid foundations installation and the Formosa 2 pin piles installation in Taiwan, as well as completing the final offshore activities on the Hornsea 2 cable installation project. During the quarter, we also saw the completion of fabrication on the last of 114 Seagreen jackets. The final four jackets are currently being offloaded in Nigg, U.K. A new heavy transport vessel, the Seaway Swan, was added to the HTV fleet, bringing the total heavy transport fleet size to six vessels. The Seaway Swan completed her first voyage from Asia to North Africa in the quarter. The active fleet utilization in the quarter was at 90% compared to 77% in the second quarter of 2022. From a strategic perspective, a significant milestone was reached with the completion of the financing plan announced early in the quarter through a combination of new equity, committed bank loans, and a bridge finance facility from the major shareholder, Subsea 7. The financing plan ensures that Seaway 7 now has a fully funded business plan. Finally, and I will come back to this on later slides, we continue to see a strong bidding environment across each of our segments and for integrated projects. Our clients are focused on securing future capacity for their projects in a generally tight market, and we see our strategy and positioning well aligned to our customer needs. Moving to slide five. With respect to the Alfa Lift, our plan remains unchanged from the market update provided at the last quarterly call, and she will be deployed for monopile installation on the Dogger Bank A and B projects towards the end of the first quarter 2024. Repair of damages on the crane, which occurred in the incident of October 2021, are nearing completion. This will be followed by a period of commissioning and testing with anticipated completion during the first months of 2023. At that time, we expect the vessel to depart the yard in China. As previously communicated, the vessel will not yet be ready for monopile installation at that time as the mission equipment to be used for monopile handling during installation remains the critical path to final completion. We have strengthened the leadership and team responsible for the new-build vessel and a revised execution plan for completion of the mission equipment is being implemented. As the market is aware, we have taken mitigating actions and deployed alternative vessels towards the execution of the Dogger Bank A and B project. The Seaway Ventus new-build remains on course for delivery mid-year 2023. Early in the quarter, we paid $23 million for having reached the keel-lay milestone in early June of 2022. The project has moved to the next phase of construction involving leg fabrication and outfitting, and launch of the vessel is anticipated towards the end of the year. Over the last months, the shipyard, CMHI, have managed to avoid major disruptions due to COVID, though-- although this remains a risk. We have a number of inquiries from customers, but in general, we are taking a cautious approach to committing any new work ahead of the first planned project on the Seaway Ventus with Ørsted in Q2 of 2024. We will continue to maintain an open dialogue with these customers over the coming months as we see how prog-progress on the vessel develops. Turning then to slide six. On this slide, you will see the main projects we have ongoing in Seaway7. The Seagreen project, which is being carried out for our client SSE, reached a major milestone, with fabrication of foundation jackets at the yards in China having reached completion. The final jackets are now being offloaded in Nigg in the U.K. By the end of the third quarter, 65 foundation jackets were installed offshore, and the Seaway Phoenix had installed 43 cables. We have made continued good progress post-quarter, and as of today, we are now at 85 jackets installed. On the Dogger Bank A and B project in the U.K., we commenced foundation installation early in the quarter with a third-party vessel before mobilizing the Seaway Strashnov late in the quarter to continue the installation. Seaway Strashnov has now installed its first monopiles on Dogger Bank, giving us important validation of installation methods and our assumed cycle times. Seaway Strashnov will go into maintenance and planned dry docking towards the end of this year and through quarter one of 2023, and then return to the project for a full 2023 campaign. After two seasons of operations in Taiwan, the Seaway Yudin completed the pin pile installation scope on the Formosa 2 project in the third quarter. This has been a challenging project, but we now have full operational and commercial closure in line with the earlier updates to the market in Q2 2022. Also, in Taiwan, we have a portfolio of three cable lay projects which are at different stages of their execution. A number of these projects have seen delays to our operations caused by client-driven external factors, and we're in discussions with our clients on commercial consequences and execution scenarios for next year. In the third quarter, the Seaway Strashnov completed the foundation installation scope on the Hollandse Kust Zuid project in the Netherlands for our client Vattenfall. This completion was also in line with the earlier updates to the market in Q2 of 2022. 106 monopiles were installed on the project this year, and this achievement represents a significant technical success. The monopiles have been installed using Seaway Strashnov in dynamic positioning or DP mode. Monopile installation on DP with the Strashnov has been a multi-year development project and is a reflection of Seaway 7 as one of the industry leaders for such operations. Installation of inter-array cables on HKZ project is ongoing with the Seaway Aimery and the Seaway Moxie both involved. In the third quarter of 2022, the heavy transportation vessels maintained their high levels of utilization despite some idle time on the Seaway Falcon during the quarter. Early in the quarter, Seaway 7 entered into a long-term charter to add the Seaway Swan to the fleet, representing enhanced capability, capacity, and also renewal in the fleet composition with this newly delivered vessel. The photo on the bottom right shows the vessel beginning her first voyage from Asia to North Africa. With that, I hand over to Mark to run through the financials. Thank you, Stuart. If we turn then to slide seven, here we show our income statement summary for the third quarter 2022 compared to the third quarter in 2021. Now, please note that the third quarter in 2022 represents the financial performance of Seaway 7 ASA and its subsidiaries, whereas the comparative third quarter of 2021 reflects the performance of the Subsea 7 renewables business unit only. Revenue for the third quarter was $374 million, which is in line with the revenue in the same quarter of 2021. Both quarters were driven by generally high activity across the portfolio and include progress on the Seagreen EPCI project. Adjusted EBITDA for the third quarter was $21 million, which is also in line with the $19 million earned in the comparable quarter in 2021. The third quarter 2022 results represents an adjusted EBITDA margin of 6%, which is an improvement on the 5% margin recorded in the third quarter 2021. The net loss was $8 million for the quarter, equivalent to a diluted loss per share of $0.02. On slide eight, we show some supplementary details for the quarter. These additional income statement related details include administrative expenses, which in the third quarter of 2022 were $9 million. This is in line with the guidance we gave to the market in the Q4 2021 earnings call. We also showed that the quarterly depreciation and amortization increased by $10 million compared to the third quarter in 2021. Now, this reflects the inclusion of the heavy transportation fleet only from the fourth quarter, 2021, and the addition of the charters of the heavy transportation vessel, Seaway Swan, and the cable lay vessel, the Maersk Connector. The third quarter tax charge is $4 million, bringing the net nine-month 2022 tax charge to $20 million, despite recording a net loss before tax of $56 million for the same nine-month period. This shows that Seaway 7 pays tax on profitable projects in certain countries, while losses on projects in other countries are then not available to reduce the consolidated tax charge. If we turn then to slide nine, here we highlight the Seaway 7 consolidated balance sheet as at the 30 September 2022. You will see that the non-current assets totaled $1.1 billion, of which $942 million relates to property, plant, and equipment, with the majority of that balance reflecting vessel values. Total borrowings at the end of the quarter was $195 million, which was provided by our major shareholder. We expect to repay a portion of this balance in Q4 2022, with the repayment of the remaining balance being prioritized over time. Current assets of $288 million include trade and other receivables of $116 million and unbilled work under construction contracts totaling $125 million. Cash and cash equivalents at quarter end were $8 million. The cash outflow from operating activities for the nine months period to 30 September 2022 was $31 million, which includes a project-related net working capital consumption of $31 million. Our capital expenditure for the nine months was $61 million. Our net funding for the nine months was $77 million, representing $131 million of support from Subsea 7, offset by the repayment of $37 million external revolving credit facility and $17 million of payments of lease liabilities. If we move then to slide 10, as Stuart has previously mentioned, we have put in place the funding required to fund our business plan. During the quarter, we arranged the fully underwritten $200 million rights issue, which was then successfully completed on the 4th of November 2022. In parallel, we arranged two committed debt facilities totaling $450 million, which became available for drawdown also on the fourth of November 2022. The first is a $300 million revolving credit facility arranged in conjunction with Subsea 7 with a syndicate of commercial banks. The second is a $150 million revolving credit bridge facility provided by Subsea 7. We anticipate sourcing alternative financing prior to any drawdown on the $150 million shareholder revolving credit facility. Now I will pass you back to Stuart. Thank you, Mark. On to slide 11. Q3 of 2022 saw the addition of the Moray West inter-array cables project into the firm backlog, as well as escalations on existing projects. Backlog at the quarter end was $0.6 billion. It is relevant to highlight that the majority of the pre-backlog, although these projects have not yet gone through FID by our clients, have our project teams assigned, mobilized, and working, and staged supplier commitments are being made to maintain project schedules. When including such projects, we are executing on an effective backlog between 2 and 3x the contracted backlog of $0.6 billion. The tender pipeline remains strong, with clients looking to secure critical capacity beyond 2025. We are also seeing a number of shorter term opportunities, both with our peer companies and end clients in order to mitigate delays or improve schedules on existing projects. We expect that these shorter term opportunities will continue to be a feature of the market going forward. Moving to slide 12, here you see the largest projects in the tender pipeline. The U.K. and Europe dominate and represent our primary markets. We continue to be selective in Asia and also in the U.S., with a strong focus on ensuring acceptable contracting models and risk profiles as these markets and regions evolve. Moving then to slide 13 and a summary of this Q3 earnings presentation. Q3 was an active operational quarter with a number of significant milestones reached across the portfolio. In the year- to- date, under our various contracted projects, we have installed more than 170 cables, 130 monopile foundations, 95 jacket foundations, and 128 pin pile foundations. We have fabricated 61 jacket foundations and transported these from China and the Middle East to the U.K. Our heavy transport fleet has completed 20 separate transports. The aforementioned execution represents market-leading delivery and a further strong enhancement of our operational experience and track record. As outlined by Mark, a fully funded business plan for Seaway 7 is now in place, and this also represents a strong basis on which to move the company forward. A further key success factor for us will be the delivery of the Seaway Alfa Lift, and progress on the vessel is proceeding in accordance with the revised plan. Our markets remain strong looking forward, with long-term growth projections confirmed by our bidding levels and client engagements. Our focus in Seaway 7 is on moving the opportunity of our offering and our markets into improved financial returns. To achieve this, we are actively moving the risk and reward balance in our new backlog and future contracts to a more favorable position. This is firstly through more selective tendering enabled by the higher demand for our services. Secondly, through more equitable contract models and contract terms which better reflect the risks of our various types of projects, regions, and operating environments. Finally, by improving the robustness of our execution plans. For 2022, our guidance remains unchanged, with revenues of approximately $1 billion and EBITDA approaching 6%. We expect a relatively busy operational fourth quarter with most vessels active, and the outcome will also be influenced by a number of ongoing commercial discussions. With respect to guidance for future years, we have outlined our views in the quarterly earnings release issued this morning. Looking forward to 2023, Seaway 7 anticipates reduced revenues compared to 2022, but with a higher absolute and% EBITDA margin. CapEx in 2023 is anticipated to be in the range $310 million-$330 million. Beyond 2023, Seaway 7 expects material growth in EBITDA delivery from the business, driven by the additional fleet capacity with both the Seaway Alfa Lift and the Seaway Ventus operational, as well as by work secured under stronger market conditions with improved contract and commercial terms. With that, I will end the presentation. Thank you for your time and interest, and we will now move to the Q&A. Thank you. If you do wish to ask a question, please press five star on your keypad. To withdraw your question, please press five star again. We will have a brief pause while questions are being registered. The first question will be from the line of Jamie Franklin from Jefferies. Please go ahead. Your line will now be unmuted. Hi there. Thank you for taking my questions. Firstly, I just wanted to ask on the heavy transport fleet. You mentioned you booked some heavy transportation voyages in the quarter. Are those for 4Q or are they ready for 2023? Just in terms of 2023, how booked is the fleet? Is there much capacity for further voyages? The second question relates to Seagreen 1A and East Anglia. As and when they reach FID, should we be thinking about some working capital outflows at the start of these projects during a procurement phase? If so, can you give any sense of the magnitude? Thank you. Okay, I can take the first question on the heavy transport. Essentially, these are short-term bookings. We would have limited backlog on that heavy transport fleet for 2023, and they operate generally in a more spot market mode, with bookings, if you like, from the locations where the vessels go to on their last transport. Not a long look ahead or forward-looking backlog, if you like. More of a spot market with full capacity available for next year. In terms of the question on East Anglia and Seagreen 1A, on those larger projects and in dialogue with our customers, we tend to be on a milestone payment regime where we can secure reasonable payments in advance. Seagreen, as an example, has been a project which has not had a significant negative cash flow or poor working capital position. We would expect then not to see a significant negative outflow, if you like, on the working capital side when those projects go to FID. That's great. Thanks a lot. Finally, one more if I may. It's great to see Strashnov now working on Dogger Bank. Just wondering how many monopiles you've done with that vessel so far. She's mobilizing her seventh and eighth monopiles at the moment. Our cycle times offshore are as we need them to be. It is not unexpected that her operability as we're entering the winter months now becomes relatively low compared to summer months. We're making, I would say, steady progress and essentially verifying cycle times when operational. As we go into next year and into that, if you like, six-month working season, from what we see today, we should get productivity fully in line with the forecasts that we've made. That's great. Thank you very much. The next question will be from the line of Jørgen Opheim from Pareto Securities. Please go ahead. Your line will now be unmuted. Jørgen, maybe move on to the next one. Alfa Lift contract. How to think about the EBITDA for next year in relation to cash flow and call it provision usage from that? Thanks. Jørgen, we didn't hear the first part of the question, so would you be able to go back to the beginning and repeat it? Sure. First question is what to expect for Q4 2022. Previously you had a 6% EBITDA margin guidance for the year. How to think about Q4. You heard what I asked about for 2023. I didn't hear that one either, only the very last part. Yeah. For 2023, how do we think about provision usage on the Alfa Lift relating to that EBITDA margin and absolute level of EBITDA guidance? How to think about bridging the EBITDA to cash flow? Okay. On the first question, I think the previous guidance is clear and was $1 billion of revenue and approaching 6% of EBITDA. I think the math is reasonably straightforward there. I won't get specific on the EBITDA number that we expect it to come out of Q4, but essentially we are reaffirming the full-year guidance. On the Alfa Lift for next year, I'll let Mark take that one. Jørgen, if I understood your question correctly, you're looking for the impact of the Alfa Lift on the EBITDA performance in 2023. I think we're indicating that she will be operational from Q1 2024, so I'm not sure I understand the import of your question there. Yeah. Her to have. Yeah. Just to clear up, my understanding is that there is $65 million-$70 million booked in provisions relating to the onerous contract with that vessel being replaced with Seaway Strashnov. Just trying to bridge usage of those provisions from EBITDA down to cash flow for next year. Okay. We've said that our provisions, we believe those plans will remain in place and we will execute according to those plans. The consumption, the provision during 2023 is dependent on the progress of the installation by the Strashnov. I think that if what you're looking for is a quarterly split, I don't believe that we normally give that. I think there's no change in our plans and no change to the provision that we made, and that we expect the vessel will deliver as anticipated in those provisions. Okay. Okay. If I understand correctly, then I believe there's $55 million left on provisions at Q3, so consuming those throughout next year is a fair assumption. I believe so, yes. I think that's what you're saying. 55 remaining. Yeah Will have obviously some element in Q4 because she's still operating. The bulk of that I would expect in 2023. Correct. Thanks. I'll turn it over. The next question will be from the line of Kim André Uggedal from SEB. Please go ahead. Your line will now be unmuted. Hi, this is Kim from SEB. I just wanted to clarify on the CapEx guide. Looking at the slide that comes up to seven this morning, it seems that your CapEx guidance is $280 for this year and $320 for next year. You spent, give or take, $60 million year to date. Leaving you with, let's say, $220 for the remainder of this year and midpoint $320 for next year. That's $540, give or take. You have remaining CapEx related to kind of your deliveries of $344. There is basically $200 million on top of those $344 to be spent the next five quarters. Can you clarify, should that be a normal kind of maintenance CapEx level, or how should we think about this? Okay. Kim, I think if I look at this, the $280 guidance that Subsea 7 gave earlier relates our assumptions around the delivery payment for the Alfa Lift and some milestones on the Ventus. That's the bulk of the remaining spend in Q4, and that depends very much on the progress on the development of both those vessels. I think as indicated by Subsea 7, there can be some slippages in that, of course. That's natural. The bulk of the spend in 2023 is related to the delivery payment of the Seaway Ventus. I don't believe there is any other major gap in your understanding. I don't see the $200 unexplained sustaining CapEx. That's not the message we're giving. Okay. You do agree that as of now, in your report, at least, you said that you have CapEx commitment of $344 million related to these two new builds. That's what could be spent from now and through next year, right? This is the capital commitment note in the financial statements, which represents purely the signed contracts that we have in hand, which are committed. There will be other expenditures which we know we will incur, which have not yet been signed. To give an example, the cost of the transit of the vessel from Asia to Europe will be part of the CapEx, and that, of course, would not be part of the commitment number. I think the gap you're looking for is the capital expenditure that we expect to spend that is not yet committed. Please don't take the commitment note as the full CapEx expected. Got it. Okay. I just wanted to make sure we're not double counting anything. What would be your fully delivered fleet? What would be your kind of run rate maintenance CapEx? Is it possible to give a guidance on that? We gave a guidance for 2022, didn't we? Yes. It's relatively light. We have fairly new vessels, so the CapEx, the run rate CapEx is not significant on the new builds, as you would expect. In relation to the existing fleet, I think the number is in the $10 million-$20 million range as a sustaining. Yeah CapEx number. You would expect it to be relatively light given the age of the new builds coming into the fleet here. Okay. Thank you. The next question will be from the line of Roar Doksæter. Please go ahead, your line will all be unmuted. Hi. Roar Doksæter from Clarksons Securities here. We saw yesterday that SSE Renewables were taking a GBP 57- million hit from the Seagreen delays, mainly driven by hedge buybacks. Well first, maybe if you can give some color if that has any effect on Subsea 7. What I'm really more curious about is whether you're seeing any sort of increased willingness to pay up to secure capacity for installation vessels and so on that, like driven by the fact that it's now so costly to cover power commitments that arises when projects are delayed. I can take that one. In terms of the Seagreen project and SSE's call yesterday, I would say that we're making good progress on that project. 85 jackets now installed. All jackets are delivered in Nigg and good progress with cable installation also. We've got a good relationship with the client there. We're working together to execute the final stages of the project in the most efficient way. We did have, as you know, a delay caused by the S7000, Saipem 7000, crane incident. We've accounted for that in our results and guidance. As SSE referenced, there's contingencies in place for such events. We're not expecting any additional L.D. claims or anything of such nature from SSE on Seagreen. I would say in terms of the client base and their work that they're doing to secure capacity, we definitely see the clients much more focused on securing quality contractors, quality assets much further ahead. A number of the jobs that we are bidding now are, you know, in a 2026 and 2027 timeframe, and we see clients essentially looking to book the assets before maybe all of the project details are finalized. Those are some of the discussions that we're in at the moment. Absolutely the client's looking to put together more robust execution plans and get those in place earlier than they have in the past. We're involved in a number of those discussions. Okay. Thank you for taking my question. As a reminder, please press five star on your telephone keypad to ask a question. We will now wait for 30 seconds for any further questions. As there are no more questions, I will hand it back to the speakers for any closing remarks. I'll close first. Thank you very much, everybody, for joining today. We look forward then to talking to you again on our Q4 2022 earnings call. Goodbye.