Work is nearly finished on a four-year project to drill an 11km undersea tunnel between the two biggest of the Faroe Islands, Streymoy and its eastern neighbour, Eysturoy.
Elia Asset SA, 50Hertz Transmission GmbH and Nemo Link Ltd. each have awarded NKT a 5-year service contract for service works on their offshore assets.
NOV signed a JIP contract with Total and Equinor for a two-year research and development project in Brazil for the development of a deepwater subsea automated pig launcher.
