Equinor and Nexans extend long-term relationship with four-year agreement

Designer and manufacturer of cable systems Nexans and Norwegian state-owned energy giant Equinor have expanded their long-standing relationship with a four-year contingency and preparedness contract.

The long-term collaboration between the two companies is extended through a four-year agreement that will see Nexans provide turnkey repair services for approximately 3,000 kilometers of Equinor’s various cable systems.

Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.

To ensure the normal functioning of Equinor’s assets, Nexans will perform turnkey repairs on all types of cables, including XLPE, mass-impregnated or oil-filled cables, providing the team and vessel to meet the intervention requirements.

The areas of operation are located in Northern Europe but can be broadened according to the clients’ needs.

Pascal Radue, EVP of Nexans’ Generation and Transmission Business Group: “Equinor is a forwardlooking company with strong environmental and social values. The approach our two companies take in working together is an example of effective partnership. The teams are dedicated to delivering an assistance service tailored to Equinor and the PRSI pool members’ requirements.”

The PRSI Pool includes 23 companies covering their offshore pipeline and power cable repair contingency via the pool, among which are energy companies Statnett, Aker BP, Shell and Neptune Energy, besides Equinor.

So far this year, agreements were signed with DeepOcean, NKT and SubseaPartner for the PRSI Pool.