CORPORATE NEWS:
Nexans in deep water contracts
Cables giant Nexans has recently been awarded two contracts worth Euro 51 million and Euro 22 million respectively.
The first is with Statnett, the Norwegian national transmission system operator, to manufacture two 156km cables for the deep water section of NorNed, a high-voltage direct current (HVDC) transmission link connecting the power grids of Norway and the Netherlands. The contract also covers a shorter length of cable to bring the link ashore in Norway. The two 450kV HVDC cables will be laid in water depths up to 410 metres.
When finished this link will be the world's longest high-voltage submarine power transmission link. It will have a maximum power capacity of 700 MW and an operating current of 824 A. In order to reduce cable costs and losses, it will feature two fully insulated 450 kV cables, even though it is a monopolar link. This enables the current to be kept small and the cable losses low, but requires a higher converter voltage.
The Nexans element of the NorNed link is scheduled for completion in the summer of 2007 and Nexans' factory at Halden in Norway has already started work manufacturing the cable.
The second contract – also in Norway – involves submarine trenching services for Hydro as development operator for the Ormen Lange licence group*. Starting in the summer of 2006, the trenching is for two 125km umbilical cables and two MEG (Mono Ethylene Glycol) pipelines serving the undersea gas field on the continental shelf about 120km off the coast of Norway. Nexans is already constructing the umbilical cables as part of a separate Euro 47 million contract awarded by Hydro in July last year.
*The partners in Ormen Lange are Hydro, Shell, Petoro, Statoil, Dong and Exxon Mobil.
Company: |
Nexans |
Country: |
France |
Fax: |
+33 1 56 69 84 84 |
Email: |
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Website: |
www.nexans.com |