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UK to purchase ships to protect subsea critical infrastructure

The UK’s government said it will acquire two ships to help protect subsea infrastructure including cables and pipes as Europe scrambles to protect its subsea assets following leaks in the Nord Stream gas pipelines from Russia to Europe. Speaking at the Conservative Party conference in Birmingham over the weekend, Ben Wallace, British Defence Minister, said: “Putin’s r...

October 04

Europe told to ‘brace’ for subsea cable strikes after Nord Stream was blown up in a possible Russian attack

Subsea digital infrastructure operators alongside pipes, rigs and other infrastructure managers in Europe have been told to prepare for possible attacks on their critical networks after the two Nord Stream gas pipes were blown up almost in three simultaneous attacks thought to have been orchestrated by Russia. The underwater explosions come seven months after Russia’s pre...

September 28

IFC invests into Africa’s West Indian Ocean Cable Company Holding

IFC has carried out a US$30 million equity investment into West Indian Ocean Cable Company Holding Ltd (WIOCC Group) to support further rollouts of terrestrial fibre-optic networks, investment in new subsea cables, and the launch of edge data centres infrastructure across Africa. The new cash round follows on for a previous US$20 million loan issued in 2020 via IFC’s fast...

September 28

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