Nexans announced that it has secured a four-year contract from Norwegian energy giant Equinor for turnkey repair services of various cable systems.
A press release said that the agreement will secure the availability of Nexans’ unique and extensive repair expertise that 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. Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members. The PRSI pool consists of 23 energy companies that cover their offshore pipeline and power cable repair contingency via the pool. The agreement covers approximately 3,000 km of cable and could be broadened.
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 in installing and maintaining submarine cable systems by mobilizing highly skilled teams to assess the fault and perform any necessary repairs.