South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located at
Great Britain’s transmission owners National Grid Electricity Transmission and SP Energy Networks have selected Italian cabling giant Prysmian as the preferred bidder for the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland
Aberdeen-headquartered Maritime Developments Limited (MDL) has secured a subsea installation project in the Asia Pacific (APAC) region, an award that came shortly after the opening of an office in Singapore. The award covers the laying of two cables and two umbilicals in water depths of between 800
Nexans has completed the final export cable campaign at the Dieppe Le Tréport offshore wind farm in France, developed by Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture between Ocean Winds, Sumitomo Corporation, and Banque des Territoires. The operation, which involves the installation of
Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the
Italy-headquartered Next Geosolutions (NextGeo) has begun seabed surveys along the cable corridor route for the second electrical interconnector between Malta and Italy. The IC2 interconnector will link the Terna substation at Ragusa, Sicily, and the Enemalta terminal station in Maghtab, to be laid
French cable systems designer and manufacturer Nexans has secured €250 million in financing from the European Investment Bank (EIB) that will support its research, development and innovation programs for the period 2024-2029, along with some industrial and recycling investments. The financing is str
DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in Chi
Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resource
Italian cabling giant Prysmian Group has finished laying the submarine cable for the interconnection between Tenerife and La Gomera in Spain, with the entire infrastructure expected to be completed by the end of this year. The interconnection consists of a 66 kV double-circuit line, with a 36-kilome
South Korean Taihan Cable & Solution has reported a record order backlog of KRW 3.25 trillion (approximately €2 billion) as of the end of August, surpassing KRW 3 trillion for the first time ever and marking an all-time high. This represents a 3.5-fold increase from KRW 945.5 billion at the end of 2
Norwegian shipbuilder VARD has held the keel laying ceremony for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 978, is being built at Vard Shipyards Romania – Tulcea and is the sister ship of NB 977
As part of plans for preparations for the start of commercial and market operations, Joint Allocation Office (JAO) has been appointed as the provider for auctioning cross-border transmission capacity for the NeuConnect high-voltage submarine cable that will create the first direct energy transmissio
Italian cabling giant Prysmian Group has completed the hull erection of its new cable laying vessel (CLV), bringing it closer to launch. The DP3 Alessandro Volta will be equipped with three carousels for a total load capacity of 19,000 tons, with the system of tensioners able to sustain a maximum te
