Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution Wind Farm offshore the US East Coast. The project will connect the wind farm to the onshore grid and help Connecticut and Rhode Island states achieve ongoing commitments to develop of
Fraser Well Management (FWM) and Fraser Integrity Management (FIM) have won a contract by Bridge Petroleum to provide well and pipeline operator services for the Bardolino field off the UK coast. The field is situated in UKCS Licence Block 22/13a, approximately 162 kilometres east northeast of Aberd
Greece’s Hellenic Cables has secured a contract with the Hellenic Electricity Distribution Network Operator (HEDNO) to undertake the implementation of several new interconnections between islands. As the main contractor, Hellenic Cables is in charge of the production and supply of submarine cables,
South Korean cable manufacturer LS Cable & System is expanding its Donghae factory to meet the increasing demand for subsea cables. The company signed a contract on 23 February for the purchase of the expansion site with the city of Donghae. The new factory will include manufacturing facilities, sub
A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown that thermoplastic composite pipes (TCP) have a significantly lower carbon footprint, in the range of 30-60%, than an equivalent carbon steel pipeline solution. The report outlines the results from a joint indus
The Nordic Investment Bank (NIB) has signed a ten-year loan agreement with Danish transmission system operator (TSO) Energinet to increase the co-financing to construct the Viking Link interconnector between Denmark and the UK. The DKK 1.5 billion (approximately €201.67 million) loan is expected to
Jan De Nul is getting ready to start cabling work on the Hollandse Kust Noord and West Alpha offshore wind farm grid connections in the Netherlands, developed by the transmission system operator (TSO) TenneT. The cable laying vessel (CLV) Isaac Newton loaded the first batch of subsea cables at the L
Greek cable manufacturer Hellenic Cables has submitted its near and long-term net-zero targets to the Science Based Targets initiative (SBTi), aiming to halve its scope 1 and 2 emissions by 2030 and cut scope 3 emissions by 25% within the same timeframe. Hellenic Cables has committed to a 50% reduct
Japanese research and observation company Kaiyo Engineering has acquired Cougar, an underwater robotic vehicle, from Saab Seaeye for cable burial inspection and other activities in the country’s offshore wind industry.
German oil and gas company Wintershall Dea has decided not to advance or implement any additional oil and gas production projects in Russia and to write off its financing of the Nord Stream 2 project totaling around €1 billion. In a recent personal statement, Wintershall Dea’s chief executive Mario
Another 30-year concession request has been submitted to one of the local authorities under the Italian Ministry of Infrastructure and Transport for a floating wind farm in the Mediterranean Sea.
Prysmian has won a contract worth around €1.2 billion to deliver the 725-kilometer NeuConnect interconnector that will directly link the German and UK electricity grids for the first time. The Italian cabling giant will provide the turnkey design, manufacturing, installation, testing and commissioni
Nord Stream 2 AG, the Switzerland-based company that built the namesake Germany-Russia gas pipeline, is considering filing for insolvency following U.S. sanctions, according to Reuters. Nord Stream 2 AG is working with a financial advisor to clear some of its liabilities and could formally start ins
The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a
