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
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has named Innovex International, a Houston-based company established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, as its exclusive manufacturer and supplier of wellhead systems. As part of the agreemen
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
Inpex Masela, a joint venture between Inpex Corporation and the Japan Organization for Metals and Energy Security (JOGMEC), has tasked Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, with carrying out structural analyses for its operations off the coast of Indone
Nexans has started laying high-voltage subsea cable between Italy’s Sicily and Sardinia as part of the western section of the Tyrrhenian Link. The connection between Sicily and Sardinia, approved in September 2023, will stretch for 480 kilometers between the Fiumetorto landing point, Palermo in Sici
The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra
Norwegian vessel owner DOF Group has secured a new contract in the Asia Pacific region (APAC), this time for moorings hook-up services. The scope covers DOF’s full suite of in-house project management, engineering, procurement and logistics support services and will see Skandi Hercules used for rela
Brazilian oil and gas company PRIO has received the authorization for a tie-back project in Brazil’s Campos basin.
Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U
Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp
Construction equipment manufacturer Liebherr has supplied three cranes for a jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec.
Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) has awarded Hellenic Cables with a contract for the delivery of a cable system that will link the island of Corfu with the mainland. IPTO announced a couple of days ago that it was investing over €61 million to f
