Reassess APAC SURF sourcing after large cable and deepwater awards

Home Subsea Prysmian lands €910 million job for Greek island grid interconnections June 23, 2026, by Italy’s Prysmian has secured a framework agreement with Greek electricity grid operator Independent Power Transmission Operator (IPTO) valued at around €910 million for the development of electrical interconnections for the Dodecanese and North Aegean islands in Greece. Prysmian will design, manufacture and install submarine and land-based cables for “Lot B” comprising seven projects totaling over 900 kilometers

“We will utilise our assets – from design, manufacturing, surveying and installation, including our flagship deep-water vessels – to deliver these vital upgrades, and we are excited to see the positive impact of our hard work for the thousands of residents and visitors to these islands in the very-near future

Home Subsea Prysmian lands €910 million job for Greek island grid interconnections June 23, 2026, by Italy’s Prysmian has secured a framework agreement with Greek electricity grid operator Independent Power Transmission Operator (IPTO) valued at around €910 million for the development of electrical interconnections for the Dodecanese and North Aegean islands in Greece

Italy’s transmission system operator (TSO) Terna and Tunisian counterpart STEG selected Prysmian for the construction of the submarine power interconnection in September 2025, with the cable laying vessel (CLV) Monna Lisa to carry out the installation

Utilising Italian assets, such as Arco Felice, our submarine cable factory near Naples, our unique asset monitoring based out of Palermo, and our Italian installation know-how, including our flagship submarine cable laying vessels, we will bring the value of clean renewable generation from Tunisia into the Italian and European energy mix, helping to bring down reliance on fossil fuels, while Tunisia will benefit significantly from direct access to Europe’s electricity grid, delivering the stable connection need

Home Subsea Green light for Prysmian to construct first interconnector between Europe and Africa June 23, 2026, by Italian cabling giant Prysmian has received the notice to proceed for the construction of the submarine power interconnection between Italy and Tunisia. CLV Monna Lisa; Source: Prysmian The Elmed project will be the first direct current connection between Europe and Africa and will run from the Partanna electrical substation in Sicily and the Mlaabi substation on the Tunisian Cap Bon peninsula, for

As part of the contract that has a duration of around 40 months, the company shall perform the fabrication activities at its Ambriz yard in Angola, and plans to deploy its construction vessels FDS and Castorone for the campaign

Jonathan Landes, President of Subsea at TechnipFMC, said: “This award builds on expertise we have developed on large, deepwater projects in the region, including our proven flexible pipe technology

Home Fossil Energy Saipem wins $1 billion contract for Eni and BP’s recently sanctioned project June 23, 2026, by Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded Saipem and TechnipFMC with contracts for an ultra-deepwater development in Angola, following the announcement of the final investment decision (FID)

Home Wind Farms OEG clearing seabed at East Anglia Two OWF site June 22, 2026, by OEG has returned to the East Anglia Two site for seabed clearance before construction work starts on the UK’s new offshore wind farm. According to a recently issued Notice to Mariners, the company will be carrying out the disposal of unexploded ordnance (UXO), boulder clearance, and the removal of out-of-service cables at the project site, located 33 kilometers off the Suffolk coast

UXO disposal and boulder relocation work will be carried out during June and July, with boulder clearance expected to continue into August, while out-of-service cables are scheduled to be removed during August and September. East Anglia Two will enter construction in 2026/2027, according to information about the project shared earlier

According to a recently issued Notice to Mariners, the company will be carrying out the disposal of unexploded ordnance (UXO), boulder clearance, and the removal of out-of-service cables at the project site, located 33 kilometers off the Suffolk coast