Prysmian Group News


Prysmian Group Taps YIT for Cable Tower Work in Finland

Jun 01, 2023

Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian cable tower in Kirkkonummi municipality in southern Finland. The implementation phase will continue the cooperation from the development phase…

Solstad Offshore's Normand Pacific Vessel Secures Long-Term Contract with Prysmian

May 16, 2023

Offshore cable installation services firm Prysmian has awarded a new 7-year contract for Solstad Offshore's construction support vessel Normand Pacific for renewable energy works.The Normand Pacific CSV now has a firm contract with Prysmian until December 31…

Keel Laid for Prysmian's New Cable Layer

Apr 05, 2023

Vard's shipyard in Tulcea, Romania, on Wednesday held a keel laying ceremony for the Prysmian Group's newest cable laying vessel.The new 171-meter vessel, an identical sister ship to the state-of-the-art Leonardo da Vinci delivered in 2021, is scheduled to start commercial operation in early 2025…

Vard Wins Order to Build Cable Layer for Mystery Owner

Mar 09, 2023

Italian shipbuilding group Fincantieri announced its Vard subsidiary has secured an order to design and build a new cable laying vessel for an unnamed 'international shipping company'.The ship will be built entirely by the Vard network, including the main systems and equipment…

Prysmian Bags €1.8B Order to Connect Dutch Offshore Wind Farms

Mar 03, 2023

Energy and telecom cable firm Prysmian Group has secured contracts worth approximately €1.8 billion (currently around $1.9 billion) in total with the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver…

Vard to Build Second Cable Layer for Prysmian Group

Nov 22, 2022

VARD, a subsidiary of the Italian shipbuilding group Fincantieri, said it has won a contract worth approximately €200 million ($205.3 million) to design and build a new cable laying vessel for Prysmian Group.Scheduled for delivery in the first quarter of 2025…

Prysmian Group to Install Subsea Power Cables for ADNOC's Artificial Offshore Island

Nov 15, 2022

Italy-based Prysmian Group, which makes and installs energy and telecom cable systems, has secured a €60 million (~$62,5 million) contract for laying submarine cables for the already secured Project Lighting HVDC 320 kV interconnection project in the UAE…

Cable Installation Kicks Off at U.S. First Commercial Scale Offshore Wind Farm

Nov 03, 2022

Cable installation has kicked off at Vineyard Wind, the U.S. first commercial scale offshore wind farm, at a site located 15 miles south of Martha’s Vineyard.  Vineyard Wind, the company developing the namesake wind farm, also announced that…

Prysmian Adds Barbarossa I Cable Layer to Its Fleet. Wins IMR Work in France

Nov 03, 2022

Italian subsea cable firm Prysmian Group said Thursday it has added a new vessel - Barbarossa I - to its fleet.'After the debut of the state-of-the-art 170-meter Leonardo da Vinci [vessel] in August 2021, Prysmian Group’s fleet would seem to be complete…

Prysmian Bags Offshore Wind Cable Deals Worth More Than 800M Euros

Sep 16, 2022

Prysmian Group has won two contracts worth more than €800 million, including options, with Amprion Offshore – a subsidiary of German transmission system operator Amprion - for the design, supply, installation, and commissioning of land and submarine…

U.S. President Biden Visits Prysmian's Subsea Cable Plant Site in Brayton Point, Mass.

Jul 21, 2022

Prysmian Group, the energy and telecom cable systems provider, on Wednesday welcomed U.S. President Joe Biden on a visit to the site of its new subsea power cables plant in Brayton Point, Massachusetts. Prysmian said it was set to transform the area…

Prysmian's Subsea Power Cables to Connect Canary Islands, Ceuta to Spanish Mainland

Jul 18, 2022

Prysmian, the Italian energy and telecom cable systems provider, has won two contracts worth approximately €250 million (around $253,3 million) by Red Eléctrica de España, S.A.U., the transmission system operator of the Spanish power grid.The…

One-year Charter Extension for Solstad Offshore's CSV

Jul 06, 2022

Norwegian offshore vessel operator Solstad Offshore has secured a contract extension for its construction support vessel Normand Pacific.Italy-based Prysmian, whcih provides cables and systems for energy and telecommunications, has opted to extend the Normand Pacific contract by one year…

Prysmian Group Launches Share-incentive Plan for 25,000 Employees

May 06, 2022

Italian energy and telecom cable maker Prysmian Group has launched what it says is an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white collar workers of the Group…

Akselos' Mitchell Joins RCG as Global Business Development Director

Apr 12, 2022

The Renewables Consulting (RCG), an ERM Group company, has appointed Dylan Mitchell as Global Business Development Director in the firm's London headquarters.'As RCG moves into the next phase of growth with ERM, the organization aims to engage…

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