Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian cable tower in Kirkkonummi municipality in southern Finland. The implementation phase will continue the cooperation from the development phase…
Tidal energy developer Minesto said Wednesday it had successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point to the offshore installation node…
OX2 and Ingka Investments, two companies working to build wind farms offshore Sweden, have entered into a conditional agreement with NKT for the delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the…
South Korea-based power cable supplier LS Cable & System on Thursday signed a subsea cable supplier agreement with offshore wind developer Ørsted for Ørsted’s Greater Changhua 2b and 4 offshore wind projects in Taiwan.The 920MW projects Changua 2b and 5…
Denmark-based power cable-making and installation firm NKT said it would invest around one billion euros in its high-voltage power cable business, including a new high-end cable laying vessel, and a new offshore cable production plant in Sweden…
Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0…
Offshore cable installation services firm Prysmian has awarded a new 7-year contract for Solstad Offshore's construction support vessel Normand Pacific for renewable energy works.The Normand Pacific CSV now has a firm contract with Prysmian until December 31…
Prysmian, the world's largest cablemaker, said on Thursday its core earnings jumped 48% in the first quarter, beating estimates, as it continued to profit from global trends in energy transition and electrification.However, despite strong quarterly results…
NKT, a company specializing in making and installing power cables, has appointed Claes Westerlind as President and CEO.'Claes has extensive experience from the power cable industry and in-depth knowledge of NKT’s high-voltage business, markets and technology…
Power cable-making and installation firm NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, strengthening the transmission security and electricity supply between France and Spain…
TenneT has awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Denys contracts to install 525 kV HVDC cable systems for ten projects.The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately € 5…
Japanese company Sumitomo Electric Industries said Thursday it would set up a subsea cable factory in Scotland, UK.'The introduction of renewable energy and interconnected national and regional lines are being promoted worldwide to achieve a decarbonized society…
Danish transmission system operator Energinet and German counterpart Amprion said on Thursday they will study the development of a hybrid electricity interconnector between Denmark and Germany, tying in offshore wind power.'An interconnector…
Hellenic Cables has this week won contracts to supply cables for two large offshore wind projects in Denmark and the UK.Vattenfall has awarded Hellenic Cables a contract to provide inter-array cables for its giant Norfolk Offshore Wind Zone in the UK…
Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees.'The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland…
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