Subsea Cables News

 

Subsea Umbilicals Demand Hit by COVID-19

May 07, 2020

Analysts from Norway's Rystad Energy expect that the global oil and gas investment cuts will severely hit demand for subsea equipment, with demand for subsea umbilicals expected to fall by 32%.Rystad sees just 713 kilometers (km) of lines ordered in 2020, down from 1,041 km last year.'Umbilical demand will not match or exceed 2019 levels until after 2023, our forecasts show, despite definite cost savings in materials…

Opinion: The Other Key Workers. Keeping the Lights On

Jun 05, 2020

By James Young, CTO at JDR CablesCOVID-19 has turned life upside down. Birthdays are celebrated over Zoom or from the end of a driveway, bars and restaurants stand empty, and many streets are eerily quiet. Yet, we carry on – largely due to the…

WFS, SES Team Up in Subsea Cable Protection Space

Jun 02, 2020

WFS Technologies (WFS) and Subsea Energy Solutions (SES) have joined forces in the space of condition monitored cable protection systems for the offshore energy industry.The collaboration will see WFS utilize its smart wireless Seatooth technologies…

Prysmian's Inter-array Cables for Saint-Brieuc Offshore Wind Farm

May 28, 2020

Italian marine cable installation company Prysmian has won an €80 million contract to provide the submarine inter-array cable systems for the Saint-Brieuc offshore wind farm in France.Under the contract awarded by the wind farm developer Ailes…

Prysmian Targets Half of Sales from Low-Carbon Products by 2022

May 25, 2020

Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging…

Prysmian's Cables for Hollandse Kust Zuid III and IV Offshore Wind Farm

May 20, 2020

Prysmian Group, Italian marine cable installation company Prysmian, has finalized a contract for a project awarded by offshore wind farm developer Vattenfall.The contract is for the provision of the subsea inter-array cable systems for the Hollandse…

Nexans Extends Polar King Vessel Charter

May 05, 2020

Offshore cable specialist Nexans has extended the charter for the construction support vessel Polar King.News of the extension was shared on Tuesday by GC Rieber Shipping, the owner of the vessel. According to GC Rieber Shipping, Nexans Skagerrak…

ADNOC to Power Offshore Platforms from Shore

May 01, 2020

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Power Corporation (ADPower) have this week jointly announced tender for they development and operation of the region’s first high-voltage, direct current (HVDC) sub-sea transmission system…

Nexans Aurora Cable Layer Blocks Fall into Place

Apr 28, 2020

All the grand blocks for the Cable Laying Vessel (CLV) ‘Nexans Aurora’ have now been assembled at the hull yard, CRIST, Norway's Ulstein has informed. 'Work tasks such as some steelwork, outfitting, and paintwork now need to be carried out before the hull can be towed to Ulstein Verft…

Visser & Smit Hanab Wins Offshore Wind Farm Work

Apr 13, 2020

Dutch company Visser & Smit Hanab has been awarded a contract by Van Oord to carry out all array cable terminations and testing work at the Borssele III & IV offshore wind farm in the Dutch sector of the North Sea.The 77 wind turbines at the…

TKF Cables for Kaskasi Offshore Wind Farm

Apr 10, 2020

Dutch cable manufacturer Twentsche Kabel Fabriek (TKF) will deliver 33 kV inner array grid cables for the Kaskasi offshore wind farm project by innogy SE, located in the German North Sea.The contract was awarded to TKF by Seaway7, a Subsea 7 subsidiary…

OceanTeam Bags Cable Transportation Contract. Talks Underway for Vessel Charters

Apr 10, 2020

Offshore cable-solutions provider OceanTeam has signed an agreement with an unnamed major cable manufacturer to provide cable transportation capability using a cable transportation and handling barge specially equipped for these tasks.OceanTeam…

Italian Marine Cable Laying Firm to Cut Dividend

Mar 31, 2020

Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing the spread of the pandemic and its potential duration, and…

Norway Takes More Time to Decide on North Sea Cable Project

Mar 25, 2020

Norway is postponing a decision on whether to allow companies to construct a new subsea power cable between it and Scotland, the government said on Wednesday.Known as NorthConnect and partly owned by Swedish energy group Vattenfall, the project…

Tekmar to Protect France's first OWF

Mar 12, 2020

UK-based Tekmar Energy  has secured a contract award from French cable installation specialist Louis Dreyfus TravOcean, to supply TekLink cable protection systems (CPS) for the Saint-Nazaire offshore wind farm (OWF).According to the developer and manufacturer of sub-sea cable protection systems…

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