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Home›Business & Finance›DNV and LS Cable & System ink subsea cable MOU
Business & Finance

May 27, 2021 · about 5 years ago

DNV and LS Cable & System ink subsea cable MOU

DNV and South Korean LS Cable & System have signed a non-exclusive Memorandum of Understanding (MOU) to target emerging subsea cabling opportunities in the offshore wind industry. DNV and LS Cable & System will cooperate in identifying and reducing risk early in the cable manufacturing process, impr

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DNV and LS Cable & System ink subsea cable MOU

DNV and South Korean LS Cable & System have signed a non-exclusive Memorandum of Understanding (MOU) to target emerging subsea cabling opportunities in the offshore wind industry.

DNV and LS Cable & System will cooperate in identifying and reducing risk early in the cable manufacturing process, improving overall decision-making and helping secure pre-approval for floating power cabling products for offshore wind developers.

The MOU is said to come in response to growing global demand for high-voltage, next generation power cables with dynamic capabilities for nearshore and floating wind farms.

The parties agreed to focus on geotechnics, including cable protection and burial assessments, installation, materials technology, electrical and structural design, as well as rapid-response investigation into power failures and root cause analysis of third-party cabling.

DNV and LS Cable & System said they will develop specific framework agreements to jointly determine their commercial and working arrangements in relation to these various work areas.

“Offshore wind is dramatically changing the energy landscape, providing the need for high-voltage, subsea power transmission systems,” said Brice Le Gallo , Regional Director for Energy Systems Asia Pacific at DNV.

“As offshore wind investments are still in their relatively early stages, the timing of the launch of our Dynamic Power Cables Assurance service offering is ideal. It will ensure that in the coming years of intense renewables build-up, new offshore wind farms will be fitted with safe, reliable and cost-effective electrical connections.”

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