Latest news
Construction starts at NordLink power interconnection between Norway and Germany
TenneT Holding BV, Statnett SF and KfW celebrated the start of construction of the 1.4 GW NordLink subsea cable project, the first direct link between the Norwegian and German energy markets.
read more... 20/09/2016
The EU allocates €187.5 million for the first Estonia-Finland subsea gas pipeline
The Estonian gas and power operator, Elering AS, and the Finnish natural gas transmission system operator Baltic Connector Oy, are planning to build a transnational gas pipeline named Balticconnector which should interconnect the Estonian and Finnish gas transmission networks.
read more... 12/08/2016
Norway-England subsea power link to advance despite Brexit
The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.
read more... 28/06/2016
Shah Deniz conglomerate grants $1.5 billion subsea production agreement
The consortium developing the second phase of Azerbaijan's Shah Deniz gas field has awarded a $1.5 billion subsea production agreement to a group involving Saipem, BOS Shelf and Star Gulf FZCO, as it stated on Tuesday.
read more... 04/05/2016
Statoil will launch world’s first subsea gas compressor in September
Norway's Statoil intends to commission in September the world's first subsea gas compression facility, a technology that could prove essential for oil companies since they aim to move offshore equipment to the seabed, away from ice and storms.
read more... 21/07/2015