Italy’s Saipem has secured two offshore contracts in Saudi Arabia worth approximately $600 million under its existing long-term agreement with the country’s energy heavyweight Aramco. The first contract release purchase order (CRPO) covers the engineering, procurement, construction, and installation
France-headquartered cable systems designer and manufacturer Nexans has set a new world record in the subsea cable industry by installing a 500 kV HVDC power cable at a depth of 2,150 meters. Nexans reported it had achieved this milestone on the Tyrrhenian Link, described as one of Italy’s most sign
Cable-laying vessel (CLV) Seaway Aimery is on its way from the U.S. to Europe for work that the vessel has scheduled on the East Anglia Three offshore wind farm in the UK. According to a Notice to Mariners from the East Anglia Three project, inter-array cable installation is set to commence around J
MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been included in the EU’s second list of Projects of Common/Mutual Interest (PCI/PMI), confirming its status as a priority energy infrastructure project. According to developer MaresConnect Limited, owned by Fore
Italian cabling giant Prysmian and Versalis, the chemical subsidiary of Italian energy giant Eni, have established a strategic partnership to give new life to plastic cable scrap through an innovative chemical recycling process. Srinivas Siripurapu, Chief Sustainability, Innovation and R&D Officer a
Japanese shipping major Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from compatriot classification society ClassNK for the basic design of specialized vessels for subsea power cable jointing and burial. MOL is working with Sumitomo Electric Industries, Furukawa Electric, and N
Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of n
UK-headquartered Tekmar Group has secured a contract worth over €8 million with an existing engineering, procurement and construction (EPC) customer for its cable protection system (CPS) to be deployed at a UK offshore wind farm. Tekmar will deliver its 10th-generation CPS and associated ancillaries
Danish power cable manufacturer and installation firm NKT has enhanced the capacity and technical capabilities of its cable accessories factory in Sweden, by investing in a new test hall and office building and expanding production capacity, a move said to be in response to the high demand for high-
Jan De Nul has installed three HVAC subsea cables, delivered by Hellenic Cables, between TenneT’s offshore converter station DolWin kappa and Nordseecluster 1 and 2 sites, the two locations in the German North Sea making up the 660 MW Nordseecluster A offshore wind farm, which itself is part of a bi
UK-headquartered Global Marine Group is acquiring a Solstad Maritime (SOMA) construction support vessel (CSV) that has been supporting company operations since 2020. SOMA announced today, December 12, that Global Marine Group, the current charterer of CSV Normand Clipper, has declared its purchase o
ZTT Submarine Cable & System has commenced the production of the export cables for the 1.5 GW Baltica 2 offshore wind farm in Poland, owned by a joint venture between Ørsted and PGE. The project’s export cables will be delivered by the Chinese cable manufacturer and Hellenic Cables, a Greece-based s
Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, has contracted DEME for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland. While the value of the three contracts was not disclosed, DEME noted in a press
The European Investment Bank (EIB) has approved a €300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Prysmi
