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Business Developments & Projects

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Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects
Business Developments & Projects

Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects

After South Korean Taihan Cable & Solution, a consortium of Hellenic Cables and Jan De Nul has signed a framework agreement with National Grid becoming the appointed contractors eligible to participate in future HVDC cable projects across the UK and Europe. The agreement enables the consortium to pa

about 1 year ago
Subsea template installation for Halten East; Source: Equinor
Business Developments & Projects
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More Norwegian gas for Europe as first segment of two-phase development comes online

Equinor has kicked off production from the first chapter of a gas and condensate project off the coast of Norway, which is envisioned to encompass multiple discoveries developed in two phases.

about 1 year ago
Navigator Gas
Business Developments & Projects

Navigator Gas completes triple ethylene carrier acquisition

Navigator Gas has completed the acquisition of the final two of three new 17,000 cbm liquefied ethylene gas (LEG) carriers.

about 1 year ago
Sale of 504 MW interconnector between Ireland and Great Britain valued at over €1 billion
Business Developments & Projects

Sale of 504 MW interconnector between Ireland and Great Britain valued at over €1 billion

Partners Group, acting on behalf of its clients, has agreed to sell the 504 MW Greenlink subsea electricity interconnector linking Great Britain and Ireland to Baltic Cable AB and Equitix, valuing the project at an enterprise value of over €1 billion. Partners Group acquired a controlling stake in G

about 1 year ago
Stena Immaculate tanker pictured on March 12, 2025; Credit: UK's Maritime and Coastguard Agency
Business Developments & Projects

Pollution ‘no cause for concern’ after oil tanker-cargo ship North Sea allision, UK says

Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.

about 1 year ago
South Korean cable maker gains access to £21.3B in projects through deal with UK's National Grid
Business Developments & Projects

South Korean cable maker gains access to £21.3B in projects through deal with UK’s National Grid

South Korean Taihan Cable & Solution has signed a framework agreement with UK power transmission and distribution company National Grid UK for high-voltage direct current (HVDC) cable systems, securing participation opportunities in projects valued at approximately £21.3 billion over up to eight yea

about 1 year ago
Enap and SAAM’s electric tug aces sea trials before traveling to Chile
Business Developments & Projects

Enap and SAAM’s electric tug aces sea trials before traveling to Chile

Latin America’s first electric tug, which will operate in Chile under an agreement between state-owned company Empresa Nacional del Petróleo (Enap) and harbor towage services provider SAAM, is wrapping up sea trials at Sanmar shipyard’s vicinity in Tuzla Bay, Istanbul.

about 1 year ago
Newest hybrid RoRo ship rounds off Grimaldi’s GG5G fleet
Business Developments & Projects

Newest hybrid RoRo ship rounds off Grimaldi’s GG5G fleet

Italian shipping company Grimaldi Group has taken delivery of the final hybrid roll-on/roll-off (RoRo) ship in its Grimaldi Green 5th Generation (GG5G) class.

about 1 year ago
NKT marks key milestone in Greek power cable project, reports progress on Taiwan's first subsea cable factory
Business Developments & Projects

NKT marks key milestone in Greek power cable project, reports progress on Taiwan’s first subsea cable factory

Denmark-headquartered power cable manufacturer and installation company NKT has achieved one of the final milestones for Greece’s Attica-Crete power cable project with the completion of the site acceptance test. Described as the largest electricity transmission project in Greece, with a budget excee

about 1 year ago
Petrogas, Gasunie looking into hydrogen transport via North Sea pipelines
Business Developments & Projects

Petrogas, Gasunie looking into hydrogen transport via North Sea pipelines

Gasunie and Petrogas Transportation have partnered to investigate how the Petrogas pipeline installed under the North Sea can be reused to transport green hydrogen.

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Business Developments & Projects

$945 million sale deal for ‘high-quality’ assets on shaky ground as uncertainty abounds

Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.

about 1 year ago
Prysmian brings 'first major contract' to Helix Robotics' subsea trencher
Business Developments & Projects

Prysmian brings ‘first major contract’ to Helix Robotics’ subsea trencher

Helix Robotics Solutions, the robotics division of U.S.-headquartered offshore energy services provider Helix Energy Solutions Group, has secured a contract with Italian cable systems giant Prysmian for its T1400-2 trencher. The contract will see the trencher perform post-installation cable burial o

about 1 year ago
Kongsberg Maritime signs contract for the design of two multipurpose subsea vessels; Source: Kongsberg Maritime
Business Developments & Projects

Methanol-ready subsea vessel pair with battery hybrid tech lands on Kongsberg’s worksheet

Kongsberg Maritime has won a new design and equipment assignment for two multipurpose subsea vessels envisioned to be methanol-ready dual-fuel ships, sporting battery hybrid technology, which are set to be built for multiple purposes and optimized for advanced offshore operations under rough conditi

about 1 year ago
Several people standing in line on a vessel with Greek flag flying above them
Business Developments & Projects

HD Hyundai-built LNG carrier reflagged to Greece

Greece’s Capital Gas Ship Management has completed the registration process of a liquefied natural gas (LNG) carrier to the Greek registry.

about 1 year ago