Prysmian Group News


Prysmian Commissions Inter-Array Cable System at French Offshore Wind Farm

Dec 27, 2023

Prysmian Group has commissioned the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, offshore France.The Fécamp offshore wind farm is composed of 71 wind turbines with a total capacity of nearly 500MW…

Fincantieri Lands $250M Order from Prysmian for New Cable-Laying Vessel

Dec 21, 2023

Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a cable-laying vessel for Prysmian Group valued at $250 million.This is the third cable-laying vessel Vard is building for Prysmian Group after vessels Monna Lisa…

Asso.subsea Installs Inter-Array Cables at Fécamp Offshore Wind Farm

Dec 15, 2023

Asso.subsea announced it has completed the Inter-array cable installation and protection operations for the 500 megawatt (MW) Fécamp Offshore Wind Project offshore France.Asso.subsea was contracted by Prysmian Group to execute the seabed preparation…

Tekmar Group to Provide Equipment for Middle East Subsea Project

Nov 16, 2023

Tekmar Group said Thursday it had secured a £2.5 million contract to provide equipment for a subsea project in the Middle East.'The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules…

First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

Nov 03, 2023

The world's first offshore renewable energy project, combining floating wind power and deep-sea aquaculture, has been completed in China, Shanghai Electric Wind Power Group has informed.The project is developed by Longyuan Power Group, together…

BIO-UV to Deliver Ballast Water Treatment System for Drillship Pair

Nov 02, 2023

BIO-UV Group said Thursday it had received a major order to supply its BIO-SEA ballast water treatment system to a pair of drillships scheduled to enter an undisclosed operator’s offshore drilling rig fleet.According to BIO-UV, a modular version from the BIO-SEA B-Series…

Prysmian Group Inks €900 Million Cable Systems Deal with Clean Path New York

Oct 31, 2023

Italian power and telecom cable-making and installation services firm Prysmian Group has signed an agreement worth around €900 million with Clean Path New York to provide subsea and land power cable systems for one of the largest transmission infrastructure projects in the United States…

Siemens Energy Shares Slide 39% after Company Seeks State Guarantees

Oct 27, 2023

Siemens Energy shares plunged nearly 40% on Thursday, wiping 3 billion euros ($3.16 billion) off its market value, after the group said it was in talks with the German government about state guarantees following big setbacks at its wind unit…

Saipem Says Recovery on Track after Positive Q3

Oct 26, 2023

Italian energy services group Saipem has made significant progress in its turnaround and is close to completing the problematic projects that forced it to raise capital last year, its CEO said on Thursday.Commenting on third-quarter results…

Prysmian Installs Vineyard Wind 1 Cables

Oct 23, 2023

Italian power and telecom cable-making and installation services firm Prysmian Group said Monday it had completed the installation and HV testing activities at Vineyard Wind 1, the first commercial-scale offshore wind farm in the US. Located more than 15 miles off the coast of Massachusetts…

Three60 Energy Expands Global Reach with Pryme Group and Flexlife Acquisitions

Oct 11, 2023

Aberdeen-based offshore energy industry services firm Three60 Energy said Wednesday it had acquired Pryme Group and Flexlife 'to create a £200 million industrially diversified global business with huge growth potential.'Founded in 2014, Pryme…

Prysmian Group Wins €630 Million Contract for Adriatic Link HVDC Project

Sep 07, 2023

Cable maker Prysmian Group has been awarded a new contract worth around €630 million by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian power grid operator (TSO).The Adriatic Link project includes the design, supply…

Prysmian's Leonardo da Vinci Vessel Begins Laying Cable for RWE's Sofia Offshore Wind Farm

Sep 04, 2023

Offshore construction has officially started at RWE’s 1.4 gigawatts (GW) Sofia Offshore Wind Farm to install essential subsea cable infrastructure from the UK’s northeast coast to the wind farm site on Dogger Bank, in the central North Sea.Cable…

HAV Group Acquires DP Specialist Undheim Systems

Sep 01, 2023

Norway's HAV Group has completed the acquisition of Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels. The consideration for the purchase includes a non-material cash amount and 250,000 shares in HAV Group ASA, valued at NOK 14…

Germany's Amprion Picks Prysmian as Preferred Bidder Wind Projects

Aug 22, 2023

German grid firm Amprion has selected Italy's Prysmian as 'preferred bidder' for three power transmission cable projects with an aggregate value of 4.5 billion euros ($4.9 billion), the Italian group said on Tuesday.Under the agreement, the…

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