- Nexans and energy company Equinor strengthen their long-term collaboration with a four-year contingency and preparedness contract.
- Nexans’ unique and extensive repair expertise covers all types of existing cables
- The contract includes assistance from a team of Nexans experts and the provision of a vessel to meet the intervention requirements.
Nexans has signed a contingency and prepardness contract with international energy company Equinor.
As an international energy group committed to creating long-term value for a low-carbon future. Equinor has a long-standing relationship with Nexans which has resulted in a number of pioneering projects.
Nexans is extending this collaboration through a 4-year agreement that includes turnkey repair services for various cable systems. Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members. The agreement covers approximately 3,000 km of cable.
To ensure Equinor’s assets’ normal functioning, Nexans will provide its unique expertise of performing complex turnkey repairs on all types of cables (XLPE, mass impregnated or oil-filled cables).
In the case of a cable system failure, Nexans will offer its expertise of installing and maintaining submarine cable systems by mobilizing highly-skilled teams to assess the fault and perform any necessary repairs. Nexans is committed to finding the most suitable solution and intervene as quickly as possible, ensuring continuity of power transmission. The areas of operation are located in Northern Europe but can be broadened according to the clients’ needs.
Equinor is a forward-looking company with strong environmental and social values. The approach our two companies take in working together is an example of effective partnership. The teams are dedicated to delivering an assistance service tailored to Equinor and the PRSI pool members’ requirements.
EVP of Generation and Transmission Business Group, Nexans