Nexans makes breakthrough in Malaysia offshore sector with subsea umbilical order for F29 field development project

Contract to supply a 22 km electro/hydraulic umbilical to Malaysia’s offshore sector

Paris, April 18, 2013 – Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development.

The 22 km Nexans umbilical will be installed in a water depth of around 100 m to provide communication and control functions for the F29 field development. Nexans will be responsible for the supply and transportation of the umbilical, together with accessories as required, in a fast-track 72-week contract.

 “This umbilical contract for Persada Engineering is a very important development for Nexans as it brings us right back into the Malaysian offshore sector with a project for a very influential end-customer; Sarawak Shell Berhad,” says Jon Arne Häll, Technical Director Hybrid Underwater Cables, Nexans Norway. “Nexans’ capability to design, manufacture and deliver complex subsea umbilicals is already well established in the Americas and Europe and this is a great opportunity to show what we can do in Asia.”

The F29 umbilical will be manufactured at Nexans’ specialized facility in Halden, Norway.

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Angéline Afanoukoe Press relations
Phone +33 1 78 15 04 67
Angeline.afanoukoe@nexans.com
Michel Gédéon Investor Relations
Phone +33 1 78 15 05 41
Michel.gedeon@nexans.com

About Nexans

With energy at the basis of its development, Nexans, worldwide expert in the cable industry, offers an extensive range of cables and cabling solutions. The Group is a global player in the energy transmission and distribution, industry and building markets. Nexans addresses a wide series of market segments: from energy and telecom networks to energy resources (wind turbines, photovoltaic, oil and gas, and mining) to transportation (shipbuilding, aerospace, automotive and automation, and railways). Nexans is a responsible industrial company that regards sustainable development as integral to its global and operational strategy. Continuous innovation in products, solutions and services, employee development and commitment, customer orientation and the introduction of safe industrial processes with limited environmental impact are among the key initiatives that place Nexans at the core of a sustainable future. With an industrial presence in 40 countries and commercial activities worldwide, Nexans employs 25,000 people and had sales in 2012 of nearly 7.2 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A.