€465k grant backs Oceaneering’s floating wind cable qualification projects

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a £400,000 (around €465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish offshore wind.

Oceaneering’s Rosyth umbilical and cable manufacturing facility, which has been operating at the Port of Rosyth since 1999, provides subsea communication, power and hydraulic umbilicals to fixed and floating offshore oil & gas facilities.

The aim of the Scottish Enterprise funding is to support the company’s floating offshore wind dynamic cable qualification projects.

The immediate project will make use of existing manufacturing equipment for the initial phase of research and development. Once the product has been designed and certified, Oceaneering plans to invest in new equipment and machinery for added project capacity.

Read full article: €465k grant backs Oceaneering’s floating wind cable qualification projects – Offshore Energy