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Prysmian Group News

 

Merger: Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF)

Mar 17, 2025

After several years of collaboration, Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF) are consolidating, creating a  “one-stop-shop” for lifting and rigging solutions. Two companies within the DSF Group—Gouda Constructie and Breda…

Environmental Groups File Lawsuit to Block Trump’s Offshore Drilling Plans

Feb 20, 2025

Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production…

Navigating the Stormy Seas of U.S. Offshore Wind

Feb 13, 2025

Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the…

Supply Chain Regrouping as Trump’s Stand on Offshore Wind Takes Toll

Feb 13, 2025

Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects they were meant to serve face huge setbacks, including President Donald Trump's plan to end federal support…

Strategic Marine to Build Survey Vessel for Odyssey Group

Feb 10, 2025

Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced…

Monna Lisa Cable Layer Joins Prysmian’s Fleet

Feb 06, 2025

Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV has officially joined Prysmian fleet, following the successful completion of sea trials.Monna Lisa will match Prysmian’s Leonardo da Vinci…

Prysmian Drops Plans for US Offshore Wind Cables Factory

Jan 21, 2025

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.Prysmian, the…

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Jan 09, 2025

Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…

AES Acquires CWind from Inspirit Capital

Jan 08, 2025

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…

Prysmian Signs $735M Offshore Wind Connections Deal with French TSO

Dec 17, 2024

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…

TotalEnergies Set for $2B Acquisition of Renewables Developer VSB

Dec 03, 2024

French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.TotalEnergies and Partners Group declined to comment…

TechnipFMC and Prysmian Form Floating Wind Partnership

Nov 04, 2024

TechnipFMC and Prysmian have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.The collaboration agreement brings together the technologies…

DOF Group Completes Acquisition of Maersk Supply Service

Nov 01, 2024

Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider…

DEME Gets Multi-Million Dollar Inter-Array Cabling Job at Dutch Offshore Wind Farm

Oct 25, 2024

Belgium-based offshore installation services company DEME has secured a contract, worth up to $320 million, to carry out the transport and installation works for the inter-array cables and secondary steel for the OranjeWind offshore wind farm in the Netherlands…

Ignitis Group Seeks Partner for Lithuania’s 700MW Offshore Wind Tender

Oct 15, 2024

Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…

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