Nexans Secures Its Largest Ever Subsea Cable Contract

Nexans Secures Its Largest Ever Subsea Cable Contract

Nexans, a worldwide expert in the cable industry, has been awarded one of two lots of a contract for the supply and installation of a power cable for the high-voltage direct current (HVDC) link between Italy and Montenegro.

It represents a value of approximately 300 Million Euros. The public tender was called by Terna Rete Italia S.p.A, a company fully owned by Terna S.p.A, the operator of Italy’s electricity transmission system. This contract reinforces Nexans’ leading position in the global power interconnection sector and further develops its focus on high technology submarine cable solutions. Over the last twenty years, Nexans has supplied more than 3,000 km of HVDC submarine cables manufactured and installed.

The new link between Italy and Montenegro will connect the Italian peninsula with the Balkans and will contribute to improve the integration of the European Countries’ electricity systems. The HVDC interconnection between Italy and Montenegro will be approximately 415 km in length, comprising 393 km of subsea cable and 22 km of underground cable for the onshore connections. It will feature two 500 kV HVDC cables in a bipolar configuration (2 x 500 MW), with one cable supplied by Nexans.

Nexans is proud to have been awarded by Terna this major contract for the link between Italy and Montenegro.” says Frédéric Michelland, Senior Corporate Executive Vice President of Nexans. “We believe that both parties are satisfied with the result of the negotiation and now our teams are eager to start working on the execution of the project. The successful delivery of high profile HVDC projects such as Skagerrak, NorNed, Cometa and Fenno-Skan II has played an important role in our ability of being selected for this challenging link.”

Press Release, October 31, 2012

Share this article

Follow Subsea World News

Events>

<< Aug 2015 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Africa Oil & Gas Conference

Africa Oil & Gas Conference in September 2015 will be that the countries that will be proven most successful in managing their natural…

read more >

Deepwater Intervention Forum

The conference named as Deepwater Intervention Forum will cover areas like designing to reduce training time, developing competency in well…

read more >

Subsea UK’s Challenge Cup

Swing for victory as you compete with teams from around the sector in Subsea UK’s Challenge Cup. An opportunity for networking and fun. Includes 18 holes of golf with a shotgun start, starting with bacon rolls, refreshments at the half-way house and concluding with a late lunch and the prize-giving.

More info 

read more >

Diploma in Surveying of Offshore Floating Units

This professional development Diploma in Surveying of Offshore Floating Units has been designed to provide the necessary knowledge required…

read more >