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Prysmian wins USD 89 million special cables deals
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Friday, 06 May 2011
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Italy based Prysmian Cables & Systems has won 2 contracts worth EUR 60 million to supply special cables for oil, gas and petrochemicals applications in the UAE and Kuwait.

In a deal signed with leading oil & gas industry contractor Saipem, Prysmian 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 and hydrocarbon resistant instrumentation and signaling cables for the BS 171 oil booster station project in Kuwait.

The 2 contracts are worth in excess of EUR 50 million and EUR 10 million respectively. The cables will be produced in the company’s Italian plants with delivery starting from May.

Prysmian cable systems have been selected for current high profile projects such as the Qafco fertilizer plant in Qatar, the Borouge polyolefin plant in Abu Dhabi and the LNG 2 plant in Yemen.

(Sourced from Trade Arabia)

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