Nexans Bags Asgard Gig

Nexans has been awarded a 75 million euro contract by Statoil to design, manufacture and supply a total of 165 km of static and dynamic power umbilical and power cables, as well as necessary accessories, for the Asgard oil and gas field in the Norwegian Sea.

Nexans’s specialized manufacturing facilities in Norway, Halden, Rognan and Namsos as well as Charleroi in Belgium, will be involved in the completion of this complex subsea project. Nexans will supply four lengths of power cable and power umbilical, each 40km long, two lengths of dynamic power umbilical, and 2.3 km of standard service umbilical cable.

Ragnvald Graff, Sales and Marketing Director of the Energy Division in Nexans Norway said, "Winning this power umbilical project as part of a broader Statoil project is a real testament to our technology and products. In this project Nexans will in close cooperation with Statoil push innovation and technology to fulfill the projects very demanding needs."

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