Nexans goes deeper to power oil field project

Nexans (Euronext: NEX) has won a power umbilical contract from OneSubsea for ExxonMobil’s (NYSE: XOM) Julia oil field project in deep-water Gulf of Mexico.

The French cable specialist will integrate power cables and umbilical services in a single cross- section to be deployed at water depths in excess of 2,000 meters to tieback the Julia oil field development to subsea production facilities.

Nexans The 23 km length of Nexans’ power umbilical, which combines power cables and umbilicals in a single cross-section, will be installed in a semisubmersible production unit.

The Julia field production start-up is scheduled for 2016 and the specific cable will be designed and manufactured at the company’s subsea cable manufacturing facilities in Halden, Norway.

Nexans has pioneered the development of power umbilicals that integrate the functions of power cables and umbilicals in a single cable, enabling a high-voltage (HV) supply to be provided for deepwater projects.

The power umbilical includes a number of steel tubes as well as fiber optic elements and signal cables for control and monitoring purposes.

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