NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of EUR 836 million. ABB’s cable system business offers turnkey solutions including design, engineering, supply, installation, commissioning and service. It had adjusted standalone revenues of USD 52
Oceanteam Solutions has been awarded a long-term contract to supply an Offshore Transmission Owner (OFTO) with port facilities, loadouts and storage of cables at Oceanteam’s own cable storage facility in Velsen Noord, The Netherlands. The transpooling of a cable will be performed by the company’s ca
Next Geosolutions and RMS Submarine are some two months away from wrapping up a 17-month project involving marine surveys for cable route design and engineering of multiple 220kV HVAC grid connections for Arkona and Wikinger offshore wind farms in the western Baltic Sea. Next Geosolutions has been h
TenneT, Statnett and KfW (represented by KfW IPEX-Bank) launched the construction of the NordLink interconnector by driving the first spade into the ground and performing a symbolic cable pulling today in Wilster, Germany. The ground breaking ceremony for the subsea HVDC power cable which will conne
TenneT, Statnett and KfW (represented by KfW IPEX-Bank) launched the construction of the NordLink interconnector by driving the first spade into the ground and performing a symbolic cable pulling today in Wilster, Germany. The ground breaking ceremony for the subsea HVDC power cable which will conne
Ofgem today announced a shortlist of five bidders competing to own and run the GBP 230 million transmission link to the Burbo Bank Extension offshore wind farm, situated in the Bay of Liverpool. The bidders will now go through to the final stage of the tender where Ofgem will appoint the Offshore Tr
The 402 MW Veja Mate offshore wind farm project has reached a milestone with the installation of the offshore substation in the German part of the North Sea. The offshore substation was delivered by FICG consortium of Cofely Fabricom, Iemants and CG Holdings. The OSS topside left Hoboken Belgium las
The 402 MW Veja Mate offshore wind farm project has reached a milestone with the installation of the offshore substation in the German part of the North Sea. The offshore substation was delivered by FICG consortium of Cofely Fabricom, Iemants and CG Holdings. The OSS topside left Hoboken Belgium las
Generation from the UK’s offshore wind farms rose by 10 per cent in the first quarter of 2016, from 4.7 TWh in the first quarter of 2015 to 5.1 TWh , with the impact of increases in capacity exceeding that of lower wind speeds, according to the data published by the UK government. Despite higher [&h
The European Investment Bank (EIB) is providing GBP 82 million for the purchase, operation and maintenance of the Humber Gateway offshore transmission system. The 19-year long term EIB loan will be provided to Humber Gateway OFTO Ltd, the consortium behind the transmission link project that comprise
The European Investment Bank (EIB) is providing GBP 82 million for the purchase, operation and maintenance of the Humber Gateway offshore transmission system. The 19-year long term EIB loan will be provided to Humber Gateway OFTO Ltd, the consortium behind the transmission link project that comprise
Vroon Offshore Services (VOS) has started cooperating with the German-based Rhenus Offshore Logistics on the provision of offshore supply services to wind farms on the German Continental Shelf. According to the agreement, Vroon is in charge of delivering bulk, containerised and project cargo to wind
Vroon Offshore Services (VOS) has started cooperating with the German-based Rhenus Offshore Logistics on the provision of offshore supply services to wind farms on the German Continental Shelf. According to the agreement, Vroon is in charge of delivering bulk, containerised and project cargo to wind
Fugro’s multi-purpose offshore vessel Saltire is expected to start burying inter-array cables at the 400MW Rampion offshore wind farm on Sunday, 4 September. The Saltire will use a Q1400 trenching system to bury the 122 cables. Another Fugro vessel, the offshore support vessel Symphony, has been ins