Keppel Buys Global Marine Group
J.F. Lehman & Company (JFLCO), a middle-market private equity, has through its investment affiliates sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF).With a legacy dating to 1850, GMG is one of the leading providers of subsea telecom maintenance and installation services, supporting mission-critical global communications infrastructure.Headquartered in the United Kingdom, the company serves a diverse base of customers with high-reliability solutions that ensure the integrity and performance of undersea networks worldwide.Terms of the transaction with KIF were not disclosed.
Tampnet to Help Enable Remote Ops at Woodside’s Trion FPU
in perfectly with our ambitions for geographic expansion and long-term presence in Mexico,” said Elie Hanna, Tampnet CEO.Woodside’s Trion FPU Enters Construction PhaseSBM Offshore to Build FSO for Woodside’s Trion Development Off MexicoWoodside Hires Subsea 7 for Trion Subsea Installation Services Offshore MexicoWood Secures Trion FPU Topsides Jo
Prysmian Signs $735M Offshore Wind Connections Deal with French TSO
Italian cable maker and installation services provider Prysmian has signed a framework agreement with the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE), to provide subsea cables for grid connection of two offshore wind farms in France.Under the engineering, procurement, construction, installation, and commissioning (EPCI) contract, Prysmian will be in charge of subsea cable links and landfall works that will connect the Fos and the Narbonnaise offshore wind farms to French transmission grid.The projects are subject to call off by RTE and
JDR Secures Cabling Work at Coastal Virginia Offshore Wind Project
,” said Brian Davis, Head of Services, at JDR."The Coastal Virginia Offshore Wind project is a critical milestone for DEME as it underscores our commitment to advancing the US's renewable energy goals and offshore wind market. JDR's proven global track record in delivering installation services make them the ideal partner for this project,” added Philip Scheers, General Manager Subsea Power Cables from DEME Offshore
Mooreast Reels In $6.7M Multi-Buoy Mooring Upgrade Work Off Thailand
MA5P Drag Embedment Anchors, which offer a holding capacity of up to 275 metric tonnes, along with other mooring components which will be used to secure various offtake tankers, including those up to very large crude carriers (VLCC) size.Mooreast will also be handling the transportation and installation services for the MBM Project in the Gulf of Thailand.“Securing multi-buoy mooring upgrade project reflects our strong execution ability, especially in the oil and gas sector where we have been operating for over 30 years.“Moving forward, we remain focused on adding value to the offshore
Prysmian Gets $647M Job to Install Australia’s Green Interconnector
Italian cable maker and installation services provider Prysmian has signed a contract, worth around $647 million (€600 million), to supply and install new interconnector between Victoria and Tasmania that will facilitate the flow of renewable energy between the two Australia’s states.The start of the works is subject to the issuance of a notice to proceed, which is expected by August 2025.Prysmian will design, test, supply and install a HVDC (High Voltage Direct Current) cable system, consisting of 320 kV single-core cables with XLPE insulation and single-wire armouring, covering both
Prysmian Performs Record Deep HVDC Subsea Cable Installation
Italian cable maker and installation services provider Prysmian has completed sea trial tests for ultra-deep installation of High Voltage Direct Current Mass Impregnated (HVDC MI) subsea cable at water depth of 2,150 meters.This is an industry record breaking installation, as it is the first time an HVDC cable is laid at such a depth, setting new market standards, according to Prysmian.The 500 kW non-metallic armored cable has been designed with a composite material based on High Modulus Synthetic Fibres.The use of an innovative armoring solution that in water can be 50% lighter than steel, combined
NKT Upgrades Its CLV for Better Offshore Installation Services
Danish subsea cable and services firm NKT has boosted the offshore installation capabilities of its cable laying vessel (CLV) NKT Victoria by conducting several technical upgrades.According to NKT, the vessel now features increased cable load capacity, improved station keeping and added installation capabilities.Key upgrades on NKT Victoria include increased load capacity from 9,000 tons to 11,000 tons, added Azimuth retractable thruster in the middle of the hull for improved positioning, Elevated Horizontal Lay System (EHLS) customized for design for installation of dynamic power cables, and integrated
DeepOcean to Wire RWE’s Nordseecluster A Offshore Wind Farm
has been hired by RWE for trenching, transport and installation of all inter-array cables with adjacent services for the offshore wind turbines of Nordseecluster A project, being built in Germany.In August 2023, RWE announced that DeepOcean had been chosen as its preferred supplier of subsea installation services for the Nordseecluster A.DeepOcean has now been awarded a firm order that will include preparatory work, transport and installations of all inter-array cables, including trenching, topside pull-ins and terminations for the initial build-out phase.In total, DeepOcean will install 185 kilometres
February 2025
