Prysmian Group, $22M contract for submarine power links between oil platforms in Qatar
Prysmian Group has won a contract worth a total of $22 million from Hyundai Heavy Industries for the design and manufacture of submarine energy and telecom cable links between four oil platforms in the Barzan offshore field of Ras Gas, in Qatar.
The Barzan project provides further confirmation of the validity of the Group’s know-how and technologies applicable to the Oil & Gas industry, and also strengthens its commercial penetration in a strategic region like the Middle East. The new contract comes a few months after acquiring other important Oil & Gas industry projects which the Group is developing in Kuwait and UAE for Saipem. In detail, the project includes the design and supply of over 80 km of EPR (Ethylene Propylene Rubber) insulated submarine cables for the distribution of energy to the platforms as well as about 28 km of optical telecommunications cable, plus network components. All the cables are double wire armoured (DWA), to ensure stability on the seabed, and will be manufactured at the Drammen plant, in Norway. Delivery is scheduled by first half of 2013.
The Group’s range of products and technologies for the petrochemical industry covers many different applications: complex and integrated power transmission and distribution systems, instrumentation and control cable systems for industrial machinery and equipment, flexible pipes and umbilicals for the offshore oil industry and innovative solutions with advanced technical features and reduced environmental impact, such as Drylam™ and Airguard™ Cable System. The recent integration with Draka has also allowed the Group to expand its range of DHT (Down Hole Technology) cables, manufactured at the Bridgewater plant in the United States, thus strengthening its presence also in the important North American market.