Prysmian Bags $100 Mln Subsea Cable Installation Job from Exxon (USA)
- Business & Finance
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth more than $100 million for the supply and installation of submarine cables for a section of ExxonMobil’s existing offshore operations in the United States.
The scope of work involves the replacement of approximately 50 km of submarine power cables with increased capacity 40 kV EPR submarine cables designed for water depths of up to 450 metres. The cables will supply electric power from the existing shore-based generating plant to offshore platforms.
The turnkey project will be executed by Prysmian with the submarine power cable being supplied by its Drammen, Norway factory and installation being undertaken using the Cable Enterprise laying vessel.
The Cable Enterprise will undergo significant modification work in 2014 to be converted to a full Dynamically Positioned (DP) vessel in readiness for the installation works.
“We are very pleased to undertake this cable replacement operation. We have previously supplied and installed other sections of ExxonMobil’s subsea power network in the United States”, states Marcello Del Brenna, CEO Prysmian Powerlink.