Prysmian Group News


Palfinger to Supply Major Equipment Package for Prysmian’s New Cable Layer

Jun 05, 2024

Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has been contracted to supply a major equipment package for a new cable laying vessel, under construction at Vard for Prysmian…

Prysmian Installs Export Cables for Eolmed Floating Wind Farm

May 30, 2024

Italian cable maker and installation services provider Prysmian has completed the installation of export cable for the 30 MW Eolmed floating wind farm, being built offshore France.Prysmian had secured this project in 2021 with a contract signed…

Prysmian Cements Partnership with Port of Middlesbrough with New Long-Term Deal

May 20, 2024

AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore…

ABL Group to Acquire Ross Offshore

May 15, 2024

Global consultancy ABL Group has entered into an agreement to acquire 100% of the shares of specialist energy consultancy Ross Offshore from Moreld Group.Following completion of the transaction, Ross Offshore will merge with ABL Group company AGR…

Vard Selects TMC to Equip Prysmian’s Newbuild Cable Laying Vessel

May 08, 2024

Norwegian shipbuilder Vard has hired TMC Compressors (TMC) to supply a complete marine compressed air system to a newbuild cable laying vessel being built for Prysmian.Under the contract, whose value was not disclosed, TMC will deliver a marine…

Bluestone to Supervise Construction of Prysmian's Two New Cable Layers

May 08, 2024

Bluestone Group, a maritime technical services company, has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian.The two new cable-laying vessels, the first of which is under construction and the second under design…

BW Group to Separate BW Energy as Stand-Alone Oil and Gas Business

May 06, 2024

Global maritime company BW Group has unveiled plans to separate BW Energy as an oil and gas exploration business from its maritime businesses, as part of corporate restructuring process.BW Group currently owns 191,903,110 shares in BW Energy…

Unique Group Acquires Subsea Innovation

May 03, 2024

Unique Group acquired subsea technology and equipment manufacturer Subsea Innovation. The deal elevates Unique Group’s global engineering capabilities, enhances its portfolio and further strengthens the organization’s focus on engineering excellence and technology development…

Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot

Apr 25, 2024

Subsea cable services company Asso.subsea, in partnership with Prysmian Powerlink, has completed the cable installation, burial, and protection operations for the 25 MW Provence Grand Large floating offshore wind project in France.The project…

Prysmian Appoints New CEO

Apr 19, 2024

Italian cable maker and installation services provider Prysmian has named Massimo Battaini as its new chief executive officer and general manager.The new CEO appointment also marks the entering into force of the new organizational structure…

DEME Scoops ‘Most Extensive’ Cabling Contract in Its History

Apr 18, 2024

DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million…

Ex-Ulstein Chief Takes the Reins at Vard

Apr 03, 2024

Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has appointed Cathrine Kristiseter Marti as its new Chief Executive Officer (CEO).Starting from June 1, 2024, Marti will take over from the current CEO, Alberto Maestrini, who will remain in his position as Chairman of the Board…

NextGeo Concludes Tyrrhenian Link's East Section Survey for Prysmian

Mar 14, 2024

Marine geoscience and offshore construction support service provider Next Geosolutions (NextGeo) has completed all the pre-installation survey tasks for the Tyrrhenian Link East branch on behalf of Prysmian.The works entailed extensive marine detailed geophysical…

MacGregor Gets Large Crane Order for Prysmian’s New Cable Layer

Mar 07, 2024

MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane…

Prysmian, Hitachi, BAM Get Cable and Converter Stations Contracts for UK Subsea Link

Mar 04, 2024

Eastern Green Link 2 (EGL2), a joint venture between SSEN Transmission and National Grid Electricity Transmission (NGET), has awarded contracts for the development of ‘subsea electricity superhighway’ to Prysmian, Hitachi Energy and BAM.EGL2 will see the creation of a 525kV…

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