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Nexans to Provide Umbilicals for Statoil’s Visund Field - Statoil has signed a contract at a value of 4.5 MEUR for the fifth delivery of standardised umbilical cables developed by Nexans - Nexans.com
Nexans to Provide Umbilicals for Statoil’s Visund Field

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2015/02/04 - Statoil has signed a contract at a value of 4.5 MEUR for the fifth delivery of standardised umbilical cables developed by Nexans - Nexans.com. Euronext Paris: NEX

   
 
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Statoil’s Visund oil and gas field is to benefit from standardised fast-track umbilicals developed by Nexans. The field in the Tampen area of the Norwegian North Sea will be the fifth project to use these standard umbilicals.

Nexans to provide umbilicals for Statoil’s Visund fieldThe standardised umbilicals are made up of electrical and fibre optic cables as well as hydraulic and chemical lines. The technical and administrative procedures are standardised, saving time, costs and materials during the project.

Nexans will deliver 830 m of dynamic umbilical cables, made up of 12 16 mm2 quad cables. In addition, Nexans will supply a pull in and hang off assembly and a subsea umbilical termination assembly (UTA).

In November 2012, Nexans was awarded a contract from Statoil to supply static and dynamic umbilicals for three developments on the Norwegian continental shelf: Oseberg Delta field (North Sea), Snøhvit gas field (Barents Sea) and Smørbukk South (Norwegian Sea). In the autumn of 2013, the contract was extended to include the delivery of umbilicals for the Gullfaks Rimfaks Valley gas field. In total, Nexans will provide more than 50 kilometres of static and dynamic umbilicals.

Liv Molvik Lundegaard, Nexans’ Project Manager said,“Nexans is looking forward to working with Statoil on the fifth project of this kind. The standardised umbilicals meet Statoil’s administrative and technical requirements, allowing us to provide a consistent and cost-effective service.”

“We are pleased to be working with Statoil again. This contract is a continuation of our long and productive relationship in the Norwegian Sea, and worldwide. Nexans’ technology will help to extend the life of Statoil’s oil and gas fields,” added Dirk Steinbrink, Senior Executive Vice President High Voltage & Underwater Cable Business Group.

The cables will be manufactured at the Nexans plants in Rognan and Halden, Norway. Delivery of the cable and accessories will begin take place Q2 2015.

Contact: Michel Gédéon - Investor Relations
P: +33(0)1 73 23 85 31 - E: Michel.gedeon[.]nexans.com.

About Nexans
Nexans (nexans.com) brings energy to life through an extensive range of cables and cabling solutions that deliver increased performance for our customers worldwide. Nexans’ teams are committed to a partnership approach that supports customers in four main business areas: Power transmission and distribution (submarine and land), Energy resources (Oil & Gas, Mining and Renewables), Transportation (Road, Rail, Air, Sea) and Building (Commercial, Residential and Data Centers). Nexans’ strategy is founded on continuous innovation in products, solutions and services, employee development, customer training and the introduction of safe, low -environmental- impact industrial processes. In 2013, Nexans became the first cable player to create a Foundation to introduce sustained initiatives for access to energy for disadvantaged communities worldwide. We have an industrial presence in 40 countries and commercial activities worldwide, employing close to 26,000 people and generating sales in 2013 of nearly 6.7 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. For more information, please consult:

 
 
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Written by / Agency / Source: Nexans S.A.

 
 

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Nexans to Provide Umbilicals for Statoil’s Visund Field

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Statoil’s Visund Field | Nexans
Publisher Contact: Angéline Afanoukoe - Nexans.com 
+33(0)1 73 23 84 12 angeline.afanoukoe[.]nexans.com
 
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