NKT Confirms Moray East Export Cable Deal

NKT Victoria at dock at the NKT high-voltage production site in Karlskrona, Sweden. Photo: NKT

NKT has confirmed the contract for delivery and installation of export cable systems for the Moray East offshore wind farm project.

The company was chosen as a Preferred Bidder for the project in November, 2017.

Now, NKT and the project developer, MOWEL, Moray East Offshore Windfarm, owned by EDP Renováveis, ENGIE and Diamond Generating Europe, have signed the final binding agreement on the project.

The Moray East project comprises manufacture of approximately 175 km of 220 kV AC offshore export cables, installation by the NKT Victoria cable-laying vessel and burial of the cables.

The order represents a contract value for NKT of approximately EUR 150 million in market prices, equivalent to approximately EUR 140 million in standard metal prices.

Installation of the cables is expected to start in 2020.

The Moray East offshore wind farm is to be situated off the north-east coast of Scotland and will provide electricity for approx. one million UK households when fully commissioned by 2021.

Share this article

Follow Subsea World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >