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.
NKT was awarded the order to repair two interconnectors between Denmark and Norway. The operation has been successfully completed and the power cables Skagerrak 1 and 2 are now back in operation.
Following up on its recent announcement of another multi-million-dollar order for Defender underwater robot systems by the U.S. Navy, VideoRay has shipped units to the naval warfare service branch.
