Prysmian Cables & Systems has signed two major contracts with SAIPEM, a world leading Oil & Gas industry contractor, worth in excess of € 60 million, to supply special cables for applications in the Oil, Gas and Petrochemicals industry.

In detail, the Group will supply a wide range of power, instrumentation and fibre optic cables specially designed for Process Plant and Sulphur Recovery Units for treating natural gas at the “Shah Arab Field” in Abu Dhabi, UAE, and hydrocarbon resistant instrumentation and signalling cables for the BS 171 oil booster station project in Kuwait. The two contracts are worth in excess of € 50 million and € 10 million respectively. The cables will be produced in the Italian plants of Livorno Ferraris (Vercelli), Merlino (Lodi) and Ascoli Piceno, with delivery starting from May 2011.

Other projects in which Prysmian has been recently involved includes some of the most important, strategic and technologically advanced in the industry, such as the Kashagan Oil Field in Kazakhstan, the Seadrill, Petrorig and Hull offshore drilling rigs for Jurong Shipyards and Keppel Fels in Singapore and the Shell Nanhai petrochemicals complex, in China’s Guangdong province.