• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Three60 Energy nabs multi-million pound deal with Sumitomo

Simon Osuji by Simon Osuji
May 21, 2024
in Energy
0
Three60 Energy nabs multi-million pound deal with Sumitomo
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Aberdeen-headquartered Three60 Energy has announced a second multi-million pound deal with Sumitomo Electric for work on a planned high voltage cable factory near Inverness.

Three60 will supply cable handling equipment for the Sumitomo facility, which is planned for a site adjacent to the Port of Nigg in the Cromarty Firth.

The full scope includes gantry crane systems, cable tensioners, and both indoor and outdoor cable path lines.

Three60 said the indoor and outdoor path lines will allow cable transportation throughout the factory and to the external storage and testing facilities.

© Supplied by Three60 Energy
An visualisation of the crane gantry systems Three60 Energy will supply for the Sumitomo high voltage cable factory in the Highlands.

The deal follows a separate multi-million pound contract to supply cable storage carousels announced in February.

Both contracts will be delivered from Three60’s manufacturing facilities in Glasgow before being transported to the Port of Nigg for assembly and testing.

Sumitomo will take delivery of the first components from the second quarter of 2025, Three60 said.

Three60 Energy group chief executive officer Walter Thain said the second contract award from Sumitomo is a testament to the growing positive relationship between the two firms.

“It is a clear indication of the trust and confidence that [Sumitomo] has in Three60’s capabilities within the Scottish supply chain and showcases our advanced cross-sector engineering capabilities,” Mr Thain said.

Walter Thain, chief executive of Three60 Energy

“The economic and employment benefits stemming from this collaboration will resonate throughout the region, as we continue to support local talent and contribute to Scotland’s thriving energy landscape, fostering a sustainable future for all.”

Sumitomo Highlands cable factory

Japanese firm Sumitomo Electric held a ground breaking ceremony for its £350 million subsea cable factory on the Cromarty Firth last week.

The firm expects to be producing high voltage direct current (HVDC) cable at the site from the third quarter of 2026.

Sumitomo estimates it will provide up to 150 jobs at the Nigg facility, which will provide cables for huge offshore wind projects off Scotland’s shores as part of the ScotWind leasing round.

Recommended for you

Port of Nigg

Aberdeen’s Three60 Energy secures multi-million pound deal on Sumitomo Highlands cable factory



Source link

Related posts

Rising petrol price puts Nigeria’s Tinubu’s subsidy removal reform to test

Rising petrol price puts Nigeria’s Tinubu’s subsidy removal reform to test

March 9, 2026
Oil price surpasses $100 per barrel for the first time in nearly 4 years

Oil price surpasses $100 per barrel for the first time in nearly 4 years

March 9, 2026
Previous Post

Gala Games exploited for $200 million

Next Post

The DFSA fines Sarwa Digital Wealth Limited for making a public offer of shares without an approved prospectus

Next Post
The DFSA fines Sarwa Digital Wealth Limited for making a public offer of shares without an approved prospectus

The DFSA fines Sarwa Digital Wealth Limited for making a public offer of shares without an approved prospectus

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Top 10 busiest international flight routes in Africa

Top 10 busiest international flight routes in Africa

1 year ago
Vatican, Microsoft create AI-generated St. Peter’s Basilica to allow virtual visits, log damage

Vatican, Microsoft create AI-generated St. Peter’s Basilica to allow virtual visits, log damage

1 year ago
TC+ Roundup: Is Getir’s most recent acquisition a sign of what’s to come?

TC+ Roundup: Is Getir’s most recent acquisition a sign of what’s to come?

2 years ago
SpaceX’s Latest Starship Explosion Marks Two Consecutive Failures

SpaceX’s Latest Starship Explosion Marks Two Consecutive Failures

1 year ago

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.