TechnipFMC Cable Achieves CIGRE Standard for Floating Offshore Wind
What happened
TechnipFMC announced that its 66kV Dynamic Inter-Array Cable achieved qualification to the CIGRE TB 862 standard for floating wind. This qualification followed an 18-month testing program, which included 1.5 million flex-fatigue cycles verified by Bureau Veritas. The company stated the achievement allows it to supply the cable within an integrated Water Column iEPCI scope.
From financialcontent.com
Why it matters
The cable qualification confirms the dynamic cable completed defined electrical, mechanical, and fatigue testing. This technical milestone builds on existing qualifications and supports the supply chain for floating offshore wind projects. Shares of TechnipFMC jumped 3.3% in the afternoon session following the announcement.
From financialcontent.com
Who's involved
- SLBOilfield services company participating in the conference
- HalliburtonAmerican multinational corporation participating in the conference
- Baker HughesEnergy technology company participating in the conference
- Bureau VeritasCompany that verified the cable fatigue testing
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SLBSpeculative
The market confidence generated by the cable qualification might increase investment in the offshore wind sector.
- Bureau VeritasSpeculative
Bureau Veritas could see increased revenue from providing technical competence and service mandates for complex energy projects.
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The entities involved
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SLB
oilfield services company
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Halliburton
American multinational corporation; provider of services and products to the energy industry
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Baker Hughes
energy technology company