Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet gui
Palfinger has been appointed to deliver a major equipment package for Prysmian’s new cable-laying vessel (CLV). Palfinger will supply Monna Lisa with an extensive equipment package similar to the one supplied for Prysmian’s previous cable-laying vessel Leonardo da Vinci. The equipment package consis
UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i
Nexans has started the pull-in of the first of two export cables at the 882 MW Moray West offshore wind farm off the coast of Scotland. The offshore export cables were manufactured by Nexans at its factory in Halden under a contract signed with Ocean Winds in 2021. The Nexans Skaggerak and the Nexan
Van Oord has been awarded contracts for Baltic Power offshore wind farm in Poland and Greater Changhua 2b and 4 offshore wind farm in Taiwan valued at more than €500 million. For the Baltic Power offshore wind project in the Polish Baltic Sea, Van Oord will transport and install 78 foundations, incl
Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
As construction work continues on New York’s first offshore wind farm, James Fisher Renewables is carrying out its second contract for the project. Following the deployment of the company’s bubble curtain during foundation installation this summer, James Fisher is now engaged in the final cable work
Ulstein Design & Solutions has secured a contract with Malaysia-based Megamas Resources in partnership with Renaissance Technologies (RTM) to deliver the conceptual design of a fuel-efficient cable laying and repair vessel. According to Ulstein, the decision was taken in view of the shortage of cabl
Prysmian Group has completed the pre-termination phase for the dynamic cables destined for a floating offshore wind farm off the coast of France – said to be the company’s first turnkey project of a dynamic cables system for a floating wind farm. Prysmian announced the completion of the dynamic cabl
The International Marine Contractors Association (IMCA) has issued a new Code of Practice with the aim of improving subsea power cable installation in offshore wind by preventing cable failure and thus enabling savings for the offshore wind industry. The Code of Practice for Offshore Cable Laying in
Prysmian has completed the installation and HV testing activities at Vineyard Wind 1, the first utility-scale offshore wind farm in the US. Located more than 15 miles off the coast of Massachusetts, Vineyard Wind consists of an array of 62 wind turbines that will generate 800 MW of electricity and p
A consortium of Jan De Nul Group and Hellenic Cables has won the contract to design, manufacture, transport, and install a package of four 220 kV HVAC export cables to connect the Baltyk II and Baltyk III wind farms in the Polish Baltic Sea to shore. Developed by the joint venture of Equinor and Pol
South Korean LS Marine Solutions is entering the Taiwanese subsea business with the establishment of a base in Taipei. The base in Taipei represents LS Marine Solutions’ first overseas base. The company plans to cooperate with LS Cable & System to build a sales network and strengthen marketing for c
Chinese power cable specialist Orient Cable has held the launch ceremony for what is said to be China’s first dedicated long-range heavy subsea cable shuttle barge. The barge, named Dongfang Haigong 07 (DFHG 07), is designed to transport various types of subsea cables, including those for offshore w
