NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector strengthening the transmission security and electricity supply between the two countries. With the order NKT further extends its market presence to the southern parts of Europe.
The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland. Export Finance Norway (Eksfin)’s global portfolio of loans and guarantees covering Norwegian exports to offshore wind projects has swelled to NOK 15bn since 2019.
Jan De Nul Group in partnership with Hellenic Cables has been awarded by RWE the turnkey delivery of both the export cable as well as inter-array cable systems for the Thor Project. Marked as Denmark’s largest offshore wind farm, Thor will deliver renewable energy to approximately one million Danish households.
Zayo Group Holdings, Inc., a leading global communications infrastructure provider, announces the fastest direct network route connecting Manchester to New York with its new transatlantic route.
NKT has been awarded a supply contract for the delivery of the high-voltage DC on- and offshore export cable system to the Hornsea 3 project which is being developed by Ørsted. For NKT, the final order has an estimated contract value of approx. EUR 500m in market prices (approx. EUR 400m in std. metal prices).
For more than 10 years, NKT has been a key power cable supplier for the electrification project of the Utsira High offshore energy area on the Norwegian continental shelf. In close collaboration with Equinor and Aker BP, NKT has now finalized the power cable projects connecting six offshore oil and gas platforms located at Utsira High to shore.
Pioneer Consulting, the full-service submarine fiber optic telecommunications consulting and project management company, announces it has been contracted by Cordova Telecom Cooperative, Inc., a member-owned telecommunications cooperative, to oversee the engineering and design phase of its planned “Fiber Internet Serving Homes in Alaska” (FISH in AK) submarine cable system in Alaska.