Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of subsea export cables on the Formosa 4 offshore wind farm. SRE has also selected the Belgian offshore construction contractor for export cables on its Formosa 6 offshore wind project. Under the contract for Fo
South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located at
Nexans has completed the final export cable campaign at the Dieppe Le Tréport offshore wind farm in France, developed by Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture between Ocean Winds, Sumitomo Corporation, and Banque des Territoires. The operation, which involves the installation of
NextGeo has entered into an eight-year framework agreement with the German transmission system operator (TSO) 50Hertz to provide geotechnical seabed survey services for offshore substation development. Under the agreement, valued at multiple million euros annually over eight years, NextGeo will prov
French cable systems designer and manufacturer Nexans has secured €250 million in financing from the European Investment Bank (EIB) that will support its research, development and innovation programs for the period 2024-2029, along with some industrial and recycling investments. The financing is str
DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in Chi
South Korean Taihan Cable & Solution has reported a record order backlog of KRW 3.25 trillion (approximately €2 billion) as of the end of August, surpassing KRW 3 trillion for the first time ever and marking an all-time high. This represents a 3.5-fold increase from KRW 945.5 billion at the end of 2
Norwegian shipbuilder VARD has held the keel laying ceremony for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 978, is being built at Vard Shipyards Romania – Tulcea and is the sister ship of NB 977
Italian cabling giant Prysmian Group has completed the hull erection of its new cable laying vessel (CLV), bringing it closer to launch. The DP3 Alessandro Volta will be equipped with three carousels for a total load capacity of 19,000 tons, with the system of tensioners able to sustain a maximum te
Ørsted’s Greater Changhua 2b offshore wind project in Taiwan will be commissioned in the third quarter of 2026 instead of later this year due to a damaged export cable. The 300 MW offshore wind farm is part of the 920 MW Greater Changhua 2b and 4 project, currently under construction 35-60 kilometer
RWE and the global asset manager and infrastructure investor, Apollo Global Management, have signed an agreement under which Apollo will pay €3.2 billion to RWE in exchange for an equity stake in a to-be-established joint venture (JV), which will hold RWE’s existing 25.1% stake in the German transmi
NKT has signed a contract with the Danish transmission system operator (TSO) Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand in Denmark. NKT’s scope of work includes the deliv
Denmark’s NKT has finalized the installation of a 320 kV high-voltage DC (HVDC) power cable system at the 900 MW BorWin5 offshore grid connection in Germany. The pull-in work to the offshore platform was carried out by the company’s NKT Victoria vessel. NKT was responsible for the delivery and insta
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture in Taiwan with ATE Energy International, a Taiwanese company specializing in the energy engineering sector. Mermaid Subsea Services (Thailand) Limited holds a
