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Nexans Secures Contract For Equinor’s First Floating Solar Plant

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The pilot project is scheduled to come online in December 2021 and will be the world’s first floating solar plant operating in rough offshore waters. July 29, 2021 Nexans has been awarded by Equinor a contract to supply power export cable for its innovative floating solar pilot offshore Frøya in......
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Norway to Test First Power Cable to Britain

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The cable connects Norway’s southern price zone NO2 with the British power market. Nord Pool already operates in both markets. June 10, 2021 Norway will start testing the North Sea Link, its first power interconnector to Britain, as reported in a leading daily. The Nord Pool exchange has received an......

NKT Receives Letter of Award for the Turnkey Offshore HVDC Cable Project Johan Sverdrup 2

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NKT has received a letter of award by Equinor Energy to supply and install a cable system of 200 Kms of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in Norway. October 30, 2018 The award is conditional upon......
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Nexans to Connect Brazil to Cameroon Across South Atlantic Sea

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Nexans’ first ever intercontinental project to supply 6000 km of their second generation submarine will connect continents to bring high speed broadband to West Africa. December 19, 2016 The contract to supply 6000 km of their second generation submarine Repeatered Optical Cables (ROC) for Phase II of the National Broadband......
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The North Sea Link Project Bags Credit Facility Worth USD 519 Million for Building World’s Longest Submarine Interconnector

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It is the largest deal ever struck in the submarine sector in Europe with coverage from an export credit agency. The total value of the project is around EUR 2 billion which involves the construction of a subsea interconnector between the United Kingdom and Norway. December 16, 2016 The financing......

The Nexans Group plans to reorganize business in Europe to support competitiveness

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The adjustments would result in 478 positions cuts and the creation of 46 new positions in Europe June 12, 2015 The initial results of the industrial and functional restructuring implemented in 2014 demonstrate this was the right strategy for the Nexans’ transformation. However, the efforts already made prove insufficient to......
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ABB to Install High-Voltage Cables for Statoil in North Sea

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The USD 90m contract will see installation of 200km high-voltage cables having supply capacity of 100MW/80kV September 17, 2015 ABB has received a contract from Statoil to install two high-voltage cables to enable power transmission from shore to the Johan Sverdrup field located off the coast of Stavanger in the......
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UK-Norway Power Link Contracts Worth EUR 1.5 Bn Awarded

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The link is expected to be operational by 2021 July 14, 2015 Contracts worth EUR 1.5 billion (£1bn) to build the first electricity link between the UK and Norway have been awarded. The ‘NSN Link’, expected to be the world’s longest interconnector, will have a capacity of 1,400MW and run......

LS Cable wins USD 100 million contract in Norway

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September 20, 2014 LS Cable, the world’s third-largest cable manufacturer, signed a long-term agreement to supply cable to Aker Solutions of Norway. LS Cable became the first Korean cable manufacturer to be designated as a cable supplier by the global engineering company. Aker Solutions is a global provider of products,......
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