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Offshore wind accounts for 45% of NKT’s high-voltage order backlog
Cabling

Offshore wind accounts for 45% of NKT’s high-voltage order backlog

Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45% of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at €10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 r

about 2 years ago
Greek cable maker joins EU’s ‘decarbonizing one-stop shop for small islands’ project
Cabling

Greek cable maker joins EU’s ‘decarbonizing one-stop shop for small islands’ project

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Greek cable manufacturer Hellenic Cables has joined a Horizon 2020 EU-funded project that aims to develop a one-stop solution in a multi-use platform (MUP) that will produce electricity and freshwater using wind and wave power for small islands. The MUSICA project will provide a full suite of Blue G

about 2 years ago
Nexans outperforms 2023 target, makes considerable progress on sustainability agenda
Cabling

Nexans outperforms 2023 target, makes considerable progress on sustainability agenda

In the year in which it saw “considerable progress” on its sustainability agenda, Nexans has reported a “historic high” adjusted EBITDA of €665 million for the 2023 financial year, a +8.2% increase year-on-year, outperforming the target. Nexans’ EBITDA including share-based payment expenses amounted

about 2 years ago
PRSI Pool picks NKT for offshore power cable turnkey repairs
Cabling

Norway’s PRSI Pool taps NKT for turnkey offshore power cables repair

Denmark-based NKT has signed a four-year service agreement with the Norway-based Pipeline Repair and Subsea Intervention (PRSI) Pool which allows it to perform turnkey repairs for offshore power cables owned by the member companies. The PRSI Pool includes 23 companies covering their offshore pipelin

about 2 years ago
Prysmian wins €100 million contract with Petrobras
Cabling

Prysmian lands €5 billion cable job for projects offshore Germany

Italy-headquartered Prysmian has finalized three contracts worth in aggregate around €5 billion with the transmission system operator (TSO) Amprion for BalWin1 and BalWin2 offshore grid connection systems and the DC34 underground cable project in Germany. According to Prysmian, this package deal is

about 2 years ago
New Nexans cable-layer to sport ABB's hybrid power system
Cabling

New Nexans cable-layer to sport ABB’s hybrid power system

Norwegian shipyard Ulstein Verft has placed an order with ABB for the delivery of an integrated power and propulsion system for Nexans’ new cable-laying vessel (CLV), currently under construction. The CLV, specially designed by Skipsteknisk, will be able to carry out the transport and lay of various

about 2 years ago
Onshore cable provider wanted for second Malta-Italy interconnector
Cabling

Onshore cable provider wanted for second Malta-Italy interconnector

InterConnect Malta, the company behind the second Malta to Italy interconnector, has issued a tender for the manufacture and installation of onshore cables for the project. The tender is looking for a company to manufacture and install the onshore 245 kV and 145 kV cables, fiber optic cable and acce

about 2 years ago
Illustration; Source: Terna
Cabling

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place

Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

about 2 years ago
Asso subsea cable laying vessel Ariadne
Cabling

Sulmara and Asso.subsea shake hands for multi-year collaboration

Scottish subsea surveys and inspections provider Sulmara and Greek Asso.subsea have signed a master service agreement to collaborate on cable installation operations globally.As part of the multi-year collaboration, Sulmara will support Asso.subsea during cable installation operations and will provi

about 2 years ago
UK-Belgian joint venture buys 25-year-old cable-layer
Cabling

New UK-Belgian joint venture buys 25-year-old cable-layer

UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m

about 2 years ago
Green light for Italy's €1.3 billion, 1 GW submarine power line
Cabling

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago
16-year-old vessel returns to VARD for conversion
Cabling

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Eidesvik and DEME shake hands for ship management agreement extension
Cabling

Eidesvik and DEME shake hands for ship management agreement extension

Eidesvik Offshore has signed an extension to its ship management agreement with DEME for the construction support vessel (CSV) Viking Neptun. Eidesvik has provided full technical management, crewing and operation of Viking Neptun since December 2022 and this agreement extends the firm period to Janu

about 2 years ago
Jan De Nul picks tensioner systems provider for entire CLV fleet
Cabling

Jan De Nul picks tensioner systems provider for entire CLV fleet

Jan De Nul has appointed MacArtney Offshore Wind Solutions to design and deliver custom tensioner systems for its entire cable-laying vessel (CLV) fleet. MacArtney’s scope implies the design, construction and delivery of advanced CEMAC tensioner systems for Jan De Nul’s CLV fleet that includes the C

about 2 years ago