Nexans: signs 5-year contract with BP.

(CercleFinance.com) - Nexans has announced signing a five-year global framework EPC (Engineering, Procurement, Construction) turnkey contract with BP.


This contract covers umbilicals and DEH (direct electric heating) as well as ancillary equipment.

The products are developed, tested and manufactured at the group's specialised plants in Halden and Rognan in Norway.

Winifred Patricia Johansen, Key Account Manager for BP Business Development and Manager Africa at Nexans said, “This global framework agreement with BP is the result of a long standing, mutually beneficial relationship. Under this contract, we have taken into account current and future market conditions so BP's needs can be met responsively and competitively. Our partnership with BP reinforces our position in the market as the key strategic supplier of subsea systems.”


Copyright (c) 2017 CercleFinance.com. All rights reserved.