NEXANS HELLAS S.A. Nexans will provide cabling to Samsung Heavy Industries to ensure safe and reliable power for the Egina oil field FPSO platform
Paris, February 15, 2016: Nexans has been selected to be the unique supplier of cabling to Samsung Heavy Industries', turnkey contractor for TOTAL'sEgina FPSO. The contract awarded by TOTAL to Samsung Heavy Industries worth 2.8 bn Euros is the largest FPSO (Floating Production Storage and Offloading) contract to date. This project represents more than 2,200 km of power, instrumentation and control to service the FPSO platform, located 130km off the coast of Nigeria.
The Egina oil field is located at a depth of 1,750m, and will benefit from TOTAL's extensivedeep offshore experience in the Gulf of Guinea.
The cables are specially designed to prevent gas leakages, making them much safer for use in flammable or high-risk environments. This means that the project is able to comply with local fire safety regulations and meet the strict technical specifications for IEC standards and Bureau Veritas certificate.
The FPSO, operated by TOTAL, will be operational from 2017. It is 330m in length, 61m across and 34m high, with a storage capacity of 2.3 million barrels of oil. Samsung Heavy Industries will deliver the FPSO through a turnkey contract that includes design, procurement, building, transportation and pilot operation.
Benjamin Fitoussi, Executive Vice President Middle East, Russia & Africa in charge of global Oil & Gas activities at Nexans said, "Nexans is incredibly proud to have been selected as cables supplier for this ambitious project. The contract with SHI is our largest FPSO contract to date, highlighting our expertise in the oil and gas industry."
Nexans 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, employeedevelopment, 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.
Nexans is an active member of Europacable, the European Association of Wire & Cable Manufacturers, and a signatory of the Europacable Industry Charter. The Charter expresses its members' commitment to the principles and objectives of developing ethical, sustainable and high-quality cables.
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We have an industrial presence in 40 countries and commercial activities worldwide, employing close to 26,000 people and generating sales in 2014 of 6.4 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A.
Angéline Afanoukoe | Tel.: +33 (0)1 73 23 84 12 | Angeline.afanoukoe@nexans.com |
Michel Gédéon | Tel.: +33 (0)1 73 23 85 31 | Michel.gedeon@nexans.com |
Nexans Hellas SA issued this content on 15 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 February 2016 11:25:25 UTC
Original Document: http://www.nexans.gr/Corporate/2016/1602_Nexans_SHH_TotalEgina_GB.pdf
