Subsea Cables News

Prysmian Group Launches Share-incentive Plan for 25,000 Employees

May 06, 2022

Italian energy and telecom cable maker Prysmian Group has launched what it says is an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white collar workers of the Group…

Subsea 7 Nets 'Substantial' W. Africa Deal

May 02, 2022

Offshore installation services firm Subsea 7 said Friday it had won a substantial contract in West Africa.Subsea 7 defines a substantial contract as being between $150 to $300 million.In a brief statement in which it didn't reveal much, Subsea 7 said the contract was for the engineering…

NextGeo Wraps Up Offshore Cable Route Surveys for TenneT in Dutch North Sea

Apr 27, 2022

Marine geoscience and offshore construction support service provide NextGeo has completed offshore cable route surveys in the Dutch North Sea in support of TenneT's and the Dutch government’s program to increase offshore wind capacity by 2030…

Subsea Cable Installation: Boskalis Bags 'Significant' Offshore Wind Contract

Apr 20, 2022

Dutch offshore services provider Boskalis has said it has won a contract for the transportation and installation of the export cables for a large offshore wind farm development. The value of this contract for Boskalis is considered to be ‘significant'…

Jan De Nul to Install Greenlink Interconnector Cables Between Ireland and UK

Apr 19, 2022

Offshore installation company Jan De Nul Group has secured a contract with Sumitomo Electric for the installation of two subsea HVDC cables and one fiber optic cable that will link the existing electricity grids in Ireland and the United Kingdom…

NextGeo Taps PanGeo For Detailed Survey on Hollandse Kust West Beta Cable Routes

Apr 13, 2022

Marine geoscience and offshore construction support service provider NextGeo has selected PanGeo Subsea, a Kraken Robotics Company, to provide its Sub-Bottom Imager (SBI) technology to conduct a detailed survey in the Dutch North Sea along the…

Seaway 7 to Install Inter-array Cables for 900MW German Offshore Wind Farm

Mar 29, 2022

Offshore wind installation company Seaway 7 said Tuesday it had won a 'sizeable' contract with Energie Baden-Württemberg AG (EnBW) for the delivery and installation of inner-array grid cables on its 900MW He Dreiht offshore wind farm project in Germany…

Prysmian to Invest 1 Billion Euros in 2022-2024 Period

Mar 23, 2022

Italy's Prysmian said on Wednesday it would invest a total of one billion euros ($1.1 billion) in the 2022-2024 period.The plan - parts of which had already been announced to investors - includes investments for a new submarine cable factory…

Boskalis, NBO Win Hollandse Kust West Beta Export Cabling Deal

Mar 23, 2022

Dutch offshore installation contractor Boskalis has won a contract for the Hollandse Kust West Beta wind farm export cable contract by TenneT, in consortium with Orient Cables (NBO). The contract scope comprises the installation of two 65-kilometer…

Ørsted-Eversource JV Taps Nexans for Revolution Offshore Wind Farm Export Cable

Mar 10, 2022

Paris-based offshore cable making and installation company Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution offshore wind farm in the U.S.The project will connect the wind farm…

'Ultra-high-resolution 3D seismic' - Ocean Floor Geophysics Acquires NCS SubSea

Mar 09, 2022

Offshore survey company Ocean Floor Geophysics, in partnership with the Norwegian seismic player PGS, its largest shareholder, has signed a deal to acquire NCS SubSea, a company that provides ultra-high-resolution 3D seismic data to the oil & gas and new energy markets via its P-Cable system…

NOAKA: Aker BP Taps Hitachi Energy for "World’s Longest" Power-from-shore AC Connection FEED

Mar 07, 2022

Aker BP, the Norwegian oil and gas exploration and production company, has selected Hitachi Energy as a technology partner for the NOAKA power-from-shore project offshore Norway.The entire project, aimed at developing the so-called NOAKA oil…

Viking Link: NIB Grants Another Loan for Denmark-UK Subsea Power Cable

Mar 07, 2022

The Nordic Investment Bank (NIB) has agreed on a 10-year loan deal with Danish grid operator Energinet to increase the co-financing to construct the Viking Link, a 760- kilometer 1.4 GW high voltage direct current electricity interconnector…

Sumitomo Electric, Seaway 7 in APAC Offshore Wind Collab

Feb 25, 2022

Sumitomo Electric, a Japanese manufacturer of electric wire and optical fiber cables, has signed a memorandum of understanding with offshore wind installation firm Seaway 7 with the intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region…

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