Prysmian Group aims at accelerating expansion in the business of Subsea Umbilicals, Risers and Flowlines by establishing new Headquarters in Houston, TX under the responsibility of Robert Conners who joins the Group. With the strengthening of its operations in Houston and with such an experienced professional as Robert Conners joining the Group, Prysmian aims at developing a new business strategy by expanding the global growth of the Business Unit and by improving market penetration for niche products in the Oil & Gas industry. Special attention to Brazil and long-standing partnership with Petrobras will still be within Prysmian's focus, with production of Umbilicals and Flexible Pipes in the plants in Vila Velha, on the Vitoria channel.

Josè Luiz Dacal Castro will temporarily support the business handover and the development of the new initiatives before taking the lead of the Brazilian Operations of the Business Unit.