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VARD has contracted TMC Compressors to supply a complete marine compressed air system for a newbuild cable laying vessel being built for Prysmian, with equipment made in the Nordic region and delivered to a VARD shipyard in Norway. The contract value was not disclosed.
Prysmian and DEME Group won a Balance of Plant contract from Dominion Energy Virginia for the 2.6 GW Coastal Virginia Offshore Wind project. Prysmian's share is about €630 million for about 880 km of cables, with completion expected by 2026.
Prysmian Group was awarded a contract by the Libra consortium led by Petrobras for about 60 km of steel tube umbilicals for the Mero 1 offshore oilfield in the Santos basin. The umbilicals will be manufactured at Prysmian's Vila Velha unit.
Prysmian plans to complete by early 2024 the adaptation of its Vila Velha umbilical plant to meet Petrobras demand, at a budgeted investment of R$50 million.
Prysmian signed a contract worth R$530 million (about EUR 100 million) with Petrobras to manufacture electro-hydraulic umbilicals, produced end-to-end at its Vila Velha plant with deliveries from 2024 to 2027.
Prysmian, in consortium with Siemens, won a record contract worth about €800 million to build the Western HVDC submarine interconnector between Scotland and England for NGET/SPT Upgrades Ltd. The total project value is about €1.1 billion, with commissioning scheduled for late 2015.
Prysmian PowerLink received new contracts worth about EUR 1.1 billion from German grid operator 50Hertz for the NOR-11-1 subsea and DC31 underground HVDC cable projects, announced on 29 September 2023.
Prysmian Group was awarded a contract by Petrobras to supply 350 km of deep-water electro-hydraulic umbilicals with steel tube and thermoplastic technology, plus offshore services. The contract is worth about 92 million euros and deliveries run from 2022 to 2025 from Prysmian's Vila Velha centre.
Prysmian Group broke ground on a $63.8 million expansion of its Du Quoin, Illinois plant to increase renewable energy cable manufacturing. The project adds over 100,000 square feet and is expected to create 80 new jobs while retaining 225.
A Prysmian and DEME Group consortium was awarded the balance of plant contract by Dominion Energy Virginia for the Coastal Virginia Offshore Wind project, worth about $1.8 billion in total, of which about $730 million relates to Prysmian. Completion is expected by 2026.
Prysmian Group was awarded a contract by Petrobras to supply 350 km of deep-water electro-hydraulic umbilicals, worth about EUR 92 million. Production and delivery will run from 2022 to 2025 at its Vila Velha center in Brazil.
Prysmian was awarded a contract worth over EUR 150 million by RTE to design, supply, install and commission two 225 kV submarine and land export cable systems connecting the Yeu-Noirmoutier offshore wind farm to the French grid, with delivery scheduled for 2023.
Sandvik won a contract to supply more than 500 km of super duplex stainless steel umbilical tubes, encapsulated by Prysmian, for Brazil's Mero pre-salt oilfield in the Santos Basin. The order is for the Mero 1 phase, operated by the Libra Consortium.
A consortium led by Petrobras awarded Prysmian Group a contract to supply about 60 km of steel tube umbilicals for the Mero 1 ultra-deepwater project in the Libra area offshore Brazil. Oil production is expected to begin in 2021.
Vineyard Wind has awarded Prysmian Group a contract valued at over $220 million to install the submarine power cable system for its offshore wind project delivering power to the New England grid, with provisions for hiring up to 100 local workers. Delivery is scheduled for 2021.
Prysmian was awarded a contract worth more than EUR 300 million by RTE to develop submarine cable links connecting three planned offshore wind farms (Fecamp, Calvados and Saint-Nazaire) to the French mainland grid.
