Nkt News

NKT to Supply Cables for Johan Sverdrup 2

Nov 05, 2018

Denmark-based cable supplier NKT said it has received a letter of award from Norway's Equinor to supply and install a cable system of 200 kilometers of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in the Norwegian North Sea…

Boskalis Wins Scottish Offshore Windfarm Installation Contract

Jan 07, 2019

Dutch dredging and offshore contractor Royal Boskalis Westminster NV has signed an exclusive Pre-Construction Agreement (PCA) for the Inch Cape offshore wind farm project.According to the Dutch marine outfit, the award was made by Inch Cape Offshore Limited (ICOL)…

Maintaining Tension in Subsea Cable Laying

Jan 08, 2019

Maintaining cable tension within required tolerances is critical during the submarine cable laying process to minimize the risk of cable damage due to cable cores being crushed or the minimum bend radius being exceeded.To regulate this tension…

NKT Confirms Moray East Offshore Contract

Nov 06, 2018

Global energy sector supplier NKT has confirmed turnkey order for Moray East offshore wind farm project.'NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East…

NKT Bags Johan Sverdrup Phase 2 Cabling Work

Oct 09, 2018

The Danish cable manufacturer NKT has received a letter of award by Equinor Energy AS to supply and install a cable system of 200 kilometres of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in Norway…

NKT Names Andersen Interim CEO

Nov 19, 2018

Cable manufacturer NKT announced Monday that its CFO Roland M. Andersen will step in as interim CEO of NKT as Michael Hedegaard Lyng steps down as CEO.The appointment became effective November 16, the company's Board of Directors announced.Chairman of the Board of Directors…

Hornsea One Export Cable Installation Completed

Dec 11, 2018

The installation of export cables at the world's largest offshore wind farm, Hornsea One in the North Sea off the coast of England, has been completed several months ahead of schedule, Danish operator Ørsted announced Tuesday.With offshore export cables totaling 467km…

Boskalis Wins USD 283 mln Contract from Ostwind

Nov 25, 2018

Dutch dredging Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection.A press release from the global services provider operating in the dredging, maritime…

Clean Ops Offshore: Johan Sverdrup Powered from Shore

Oct 09, 2018

With a flip of the switch, Kjell-Børge Freiberg, Norway's Minister of Petroleum and Energy, opened a new era in offshore oil and gas operations, initiating the 'power-from-shore solution' that will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years…

NKT develops wave power cables

Nov 23, 2017

German cable firm NKT is testing power cables for a wave power project in Norway. For the project in Norway, NKT has developed a dynamic 1 kV cable as well as a semi-dynamic 24 kV export cable for power export. The cables are currently…

VBMS inks Triton Knoll preferred supplier agreement

Sep 25, 2017

Royal Boskalis Westminster subsidiary VBMS has signed a preferred supplier and early works agreement for the supply and installation of the export and inter-array cables for the Triton Knoll offshore wind farm (OWF), UK. The project will be executed in consortium with NKT Cables…

ABB divests HV cable business

Sep 21, 2016

Germany's NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of US$934 million. The business is part of ABB’s Power Grids division, which is currently undergoing a strategic review. The sale includes ABB's new cable laying vessel…

Brazil hungry for infrastructure investment

May 23, 2013

Brazil-Açu Superport, largest port infrastructure in Latin America, bets on Petrobras’ participation. Peter Wertheim provides the details. According to a recent study by Booz & Company cited by Brazil’s National Petroleum, Gas and Biofuels Agency (ANP)…

North West European Continental Shelf Oil & Gas Activity

Aug 17, 2012

Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…

NOV adds another piece to the production puzzle

Mar 01, 2012

National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…

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