Search results for: power cable

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  • 16 October 2019
    Storage

    The value of the global market for subsea power cables will grow by 57% from GBP 717 million this year to over GBP 1.13 billion by 2023, according to a new report by RenewableUK. Subsea power cables stretching over 16,300km in length, nearly the distance between London and Sydney, will be needed over the next […]

  • 3 February 2011

    Aker Solutions has secured more of the workscope for the offshore construction phase for the Barents Sea Goliat project. Under a new deal the Norwegian contract group has been selected to install a subsea power cable from the field location back to shore.

  • 20 October 2011

    The high-voltage submarine cable market is, by all definitions, a niche market with few purchasers and even fewer manufacturers and installers. The demand for these products is rapidly moving beyond the traditional role slotted for high-voltage submarine cables, connecting islands to nearby national grids. The usage of high-voltage submarine cables for grid interconnections and connecting […]

  • 23 June 2020
    Environment, Equipment, Transition

    Cabling specialist NKT is now powering its power cable manufacturing with electricity from renewable energy. This is reducing its CO2-emissions from energy consumption by 66 per cent. For NKT, the move to green electricity is a step in supporting the global transition to renewables by reducing the carbon footprint of its power cable solutions. Alexander […]

  • 4 May 2017

    NKT has held a naming ceremony for NKT Victoria, the company’s new cable-laying vessel which was part of the recently completed acquisition of ABB’s high voltage cable business, at its power cable plant in Karlskrona, Sweden.

  • 12 July 2016
    Business & Finance, Research & Development

    Technavio’s latest report on the global subsea power cable market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020.

  • 12 July 2016
    Business & Finance

    Technavio has issued a report on the most important trends expected to impact the global submarine power cable market outlook from 2016-2020. According to Anju Ajaykumar, a lead analyst at Technavio for research on engineering tools: “The offshore wind power generation sector is the major end-user of submarine power cables. Utility companies deploy these cables […]

  • 17 July 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Umbilical and power cable provider for the offshore energy industry JDR Cable Systems is to be acquired by the Polish-based producer of wires and cables TELE-FONIKA Kable (TFKable).

  • 27 April 2015

    Offshore Marine Academy (OMA) has unveiled a brand new course for 2015 tailored to address the knowledge and skills gap in subsea power cable operations. OMA’s ‘Understanding Subsea Power Cables’ course, which launched earlier this month, will ensure personnel are trained in the use of subsea power cables as well as understand the problems and […]

  • 4 May 2017

    NKT has held a naming ceremony for NKT Victoria, the company’s new cable-laying vessel which was part of the recently completed acquisition of ABB’s high voltage cable business, at its power cable plant in Karlskrona, Sweden.

  • 12 July 2016
    Business & Finance

    Technavio has issued a report on the most important trends expected to impact the global submarine power cable market outlook from 2016-2020. According to Anju Ajaykumar, a lead analyst at Technavio for research on engineering tools: “The offshore wind power generation sector is the major end-user of submarine power cables. Utility companies deploy these cables […]

  • 19 November 2019
    Business & Finance, Project & Tenders

    NKT has entered a preferred supplier agreement as main contractor for delivery and installation of high-voltage DC onshore and offshore export cable systems to the Dogger Bank wind farms Creyke Beck A and B site. The contract with project owners Equinor and SSE Renewables is the largest XLPE power cables order ever for the company. […]

  • 14 May 2018
    Operations & Maintenance

    Statoil has informed that the laying of the cable supplying Johan Sverdrup with power from shore has started. On Wednesday the cable laying vessel NKT Victoria began laying the cables that will supply the Johan Sverdrup field with power from shore. The starting point was the Johan Sverdrup converter station at Haugsneset near Kårstø, and by […]

  • 28 February 2017
    Business & Finance

    The European Commission has cleared the proposed acquisition of ABB’s high voltage cable business and power cable accessories business by NKT. NKT announced its intention to acquire ABB’s businesses in September 2016, for a total enterprise value of EUR 836 million (USD 934 million). The Commission concluded that the merged entity would continue to face effective […]

  • 27 December 2016
    Equipment, Project & Tenders

    French company Bardot Group has been awarded by Nexans the supply of buoyancy modules for the power cables of Hywind floating wind farm in Scotland. The 30 MW floating wind farm, located 30km off the coast of Peterhead, will be operated by Norwegian oil and gas company Statoil. The project is expected to provide electricity […]

  • 24 September 2018
    Business & Finance, Human Capital, Operations & Maintenance, Project & Tenders, Storage

    Swedish offshore wind power developer and operator Vattenfall has signed a five-year cable repair framework agreement with power cable and asset management services provider CWind covering Vattenfall’s European assets.

  • 24 September 2018
    Business & Finance, Human Capital, Operations & Maintenance, Project & Tenders, Storage

    Swedish offshore wind power developer and operator Vattenfall has signed a five-year cable repair framework agreement with power cable and asset management services provider CWind covering Vattenfall’s European assets.

  • 19 June 2019
    Storage

    The power cable of the NordLink high voltage direct current (HVDC) subsea interconnector has been pulled in on the German coast, according to NKT. NKT is in charge of designing, manufacturing and installing more than 400km of the 525kV mass impregnated cable system in the German part of the project connecting Norway and Germany. “The impressive […]

  • 13 May 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Irish Sea Contractors launched its patented, subsea power cable repair solution named AERSUB. Irish Sea Contractor’s in-house designed AERSUB subsea power cable repair solution is specifically designed to enable the repair of faulty power cables in-situ subsea on the seabed. According to the company, it will lower the cost of repairing offshore wind subsea power […]

  • 3 September 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Nexans’ subsea cables will power the new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE. This follows the award of a contract worth around € 90 millions by the EPC contractor, Hyundai Heavy Industries (HHI), for Nexans to supply high voltage power cables […]

  • 16 October 2019
    Business & Finance, Equipment, Research & Development

    Subsea power cables market will grow by 57% from £717 million this year to over £1.13 billion by 2023, according to a new report by RenewableUK. According to RenewableUK’s Project Intelligence team which compiled the report, global offshore wind capacity will skyrocket from 20.5 gigawatts (GW) today to over 55GW in 2024, largely driven by […]

  • 28 February 2017
    Authorities & Government, Business & Finance, Technology

    The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of ABB’s high voltage cable business and power cable accessories business by nkt after concluding that the merged entity would continue to face effective competition in Europe.