Prysmian Group, a world leader in the energy and telecom cable systems industry, has been awarded a contract worth in the region of €850 million by Eastern Green Link 1 Limited, a joint venture between the UK transmission grid owners SP Transmission plc and National Grid Electricity Transmission plc, to provide the cable systems for a major UK network development project between Scotland and England.
JDR Cable Systems (JDR), a global subsea cable supplier and service provider, a part of the TFK Group, has achieved several significant milestones in the construction of its new £130 million state-of-the-art subsea cable manufacturing facility in Cambois, near Blyth, Northumberland.
Briggs Marine has successfully completed subsea cable installation work as principal contractor to Scottish and Southern Electricity Networks (SSEN) Distribution, supporting the electricity distributor with its commitment to delivering a safe, secure and reliable power supply to customers across the north of Scotland.
Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio and increase its position in the offshore wind market. The agreement will see the combination of ESD’s expertise in designing smart cable-lay solutions with Huisman’s in-house engineering, production, and service capabilities of turn-key equipment.
KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, has announced the signing of definitive agreements under which KKR will commit $400 million in a tailored solution for OMS Group.
With some estimates putting the cost of subsea cable failure for offshore wind at more than £500 million in 2020, the average insurance claim worth more than £3 million, and an estimated 30% failure rate in any given year, the International Marine Contractors Association (IMCA) has released a new Code of Practice to improve the installation of underwater power cables in offshore wind.
Prysmian Group has successfully 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 power over 400,000 homes.