Nexans will provide management, procurement, engineering, manufacturing and testing activities for the umbilicals and ancillary hardware. The Tortue field is located approximately 120 km offshore the coast of Mauritania and Senegal and its subsea system includes a total of 4 wells.
New all-electric actuated subsea boosting station is set to improve recovery from Vigdis by around 11 million barrels of oil. Boosting station will be powered by an innovative Nexans power umbilical that combines high voltage power supply and umbilical functions in a single cable cross-section. The two-year contract is valued at around 10 million Euros.
Yesterday, the first major milestone in the construction of Nexans’ new DP3 cable laying vessel, the CLV Aurora, was passed with the cutting of the first steel.
Nexans secures a 111 million euros turnkey submarine project for Cyclades Islands Interconnection in Greece11/28/18
ADMIE has awarded Nexans a €111 million contract for an interconnector between the Greek city Lavrion and the island of Syros. The complete turnkey project includes the design, manufacturing, installation and protection of a 150 kV high voltage alternating current (HVAC) three-core submarine power cable with a fibre optical element.
Red Eléctrica de España awards Nexans with a turnkey contract worth around 50M Euros to manufacture and install an interconnection cable between Majorca and Menorca
Red Eléctrica de España has awarded Nexans with a contract worth around 50 million euros to manufacture and install a power cable that will connect the islands of Majorca and Menorca in Spain. The contract was signed only 20 days after the Spanish Council of Ministers granted administrative authorisation and declared it as a public utility project. The interconnection is due to be up and running in 2020.
Nexans has won a contract worth over 150 million euros to help Ørsted deliver the most affordable electricity from offshore wind yet. The project covers the supply of over 200 km of the 245 kV high voltage alternating current (HVAC) subsea export cable system for the near shore section of Hornsea 2 wind farm.
Nexans is awarded a multimillion-euro contract for Ørsted’s Borssele 1 and 2 wind farms off the Netherlands coast
Major contract for 66 kV submarine inter-array cable with associated accessories is the first to be placed under a new five-year framework agreement recently signed by Nexans and Ørsted.
To provide Africa and South America with a faster and more stable Internet connection, Nexans manufactured and successfully tested 6,000 km of submarine fiber optic cables for the South Atlantic Inter Link (SAIL) project connecting Cameroon to Brazil.
Close to 40 km and 2,500 tons of Nexans’ submarine cables in the Inner Oslo fjord will ensure electricity to “half” of Norway
14 cables weighing one ton per 16 metres. These are huge dimensions and world-class cables being commissioned today by Statnett in the Inner Oslo fjord. The cable system has been made at Nexans' subsea cable factory in Halden and will supply 2.5 million inhabitants in Eastern Norway with electricity for several decades.
As part of the digitization process of the Johan Castberg field, Nexans will provide more than 200 kilometers of fiber optic subsea cables to Alcatel Submarine Networks (ASN), the prime contractor awarded by Equinor for delivering the Permanent Reservoir Monitoring (PRM) systems to the field.
CIGRE 2018: Nexans presents its state-of-the-art HV cable solutions for submarine and land transmission networks
At the 2018 Session of CIGRE, Nexans will showcase its cutting-edge turnkey cabling systems for energy projects and will present the latest findings of the R&D projects in the framework of the event’s Study Committees and Working Groups.
The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 325 million bearing interest at 3.75% per annum and maturing on August 8, 2023, was approved by the AMF under number 18-361.
Paris La Défense, August 1, 2018 – Nexans successfully placed a € 325 million bond issue today. This fixed rate issue has a maturity of 5 years (August 8, 2023 term) and an annual coupon of 3.75 % p.a..
Paris La Défense, July 26, 2018 – Today, Nexans is issuing its financial statements for the six months ended June 30, 2018, as approved by the Board of Directors at its meeting chaired by Georges Chodron de Courcel on July 25, 2018.
Paris La Défense, July 4th, 2018 - The Board of Directors of Nexans, during its meeting of July 3, 2018 chaired by Georges Chodron de Courcel, decided to appoint Christopher Guérin as Chief Executive Officer. He will take office on 4 July 2018.
Nexans has been awarded a major contract to provide complex umbilicals with power, fiber-optic and hydraulic elements for the next stage of the multi-phased Snøhvit development.
Paris La Défense, June 18, 2018 – Considering the abrupt deterioration of the high voltage project activities forecast for the second half of 2018, the Group presently anticipates for the full year a stable level of sales and a consolidated EBITDA that could reach 350 million euros versus 411 million euros in 2017
The Group strengthens its position on the electric mobility market with the launch of Nexans AGICITY®, a range of dedicated solutions designed to facilitate the rollout of sustainable mobility in urban, suburban and rural areas.
The Nexans Board of Directors decided on May 17, 2018 to appoint Oscar Hasbún Martínez as censor.
Paris La Defense, May 17, 2018 – Nexans Mixed Shareholders’, held on May 17, 2018 in Paris La Défense, at Coeur Defense Conference Centre, approved all the 23 resolutions proposed to the shareholders by the Board of Directors
Nexans has completed a six-year project to design, manufacture, supply and install approximately 100 km of subsea high voltage direct current (HVDC) cable and accessories for Nalcor Energy’s Strait of Belle Isle Marine Cable Crossing in Newfoundland and Labrador, Canada.
Paris La Défense, May 3, 2018 – Today, Nexans announced that its sales for the first quarter of 2018 amounted to 1,538 million euros (versus 1,570 million euros for first-quarter 2017).
BP has selected Nexans to supply umbilicals for the second stage development of the Mad Dog offshore field in the Gulf of Mexico.
Nexans has upgraded its TITANEX® family of low voltage (LV) flexible rubber cables to become the first H07RN-F cable operating at up to 90°C temperature at the core (for fixed and protected installations).
Nexans has developed a new micro-extrusion process that creates the thinnest possible insulating jacket to enable minimally invasive medical cables to be manufactured with diameters of less than 0.1 mm.
Preparatory information and documents for the mixed shareholders’ meeting of May 17, 2018 and dividend payment date4/4/18
The Mixed Shareholders’ Meeting will be held on Thursday May 17, 2018 at 2.30 p.m., at Cœur Défense Conferences Centre – Hermes Amphitheater, 110 Esplanade du Général de Gaulle, 92400 Courbevoie, France.
Nexans has reached two key milestones in its major contract to create the high voltage power export connection for Scotland’s Beatrice 588 MW offshore windfarm.
The 2017 Registration document has been filed with the AMF (Autorité des Marchés Financiers) on March 30, 2018.
Paris, February 15, 2018 – Today, Nexans published its financial statements for the year ended December 31, 2017, as approved by the Board of Directors at its February 14, 2018 meeting chaired by Georges Chodron de Courcel.
Nexans Delivered North America’s Longest Submarine Cable to Provide Cleaner Energy to Eastern Canada1/22/18
Nexans has installed North America’s longest submarine electricity cables as part of the Maritime Link Project conducted by NSP Maritime Link Inc.
Nexans to accelerate sustainable mobility with investment in IES, global expert of EV fast-charging solutions1/15/18
Nexans has announced a capital investment in IES, leader in the production of charging solutions for electric vehicles.
Denmark-based BE CableCon is an expert supplier of cable kits to Europe’s most important wind turbine companies
Meeting tomorrow’s challenges today: Nexans announces its 2018-2022 strategic plan “Paced For Growth”.
The Nexans Board of Directors decided to appoint Anne Lebel as censor with a view to proposing her candidature as member of the Board of Directors to the 2018 shareholders’ general meeting.
Nexans has responded by carrying out a major research and development program to create the new INTERCOND® Tray Cable range that combines the virtues of a tray cable with the dynamic capabilities of an advanced automation cable suitable for servo motor installations.
Paris La Défense, November 22, 2017 – Nexans has decided to significantly enhance its testing capacity by building in Calais, France, a new state-of-the-art direct current (DC) laboratory that allows to test simultaneously three independent qualification loops.
Paris, November 7, 2017 – Today, Nexans announced that its sales for the third quarter of 2017 amounted to 1,544 million euros.
Nexans will manufacture and deliver 250 kilometers of subsea fiber-optic cable to Huawei Marine as prime turnkey supplier for the construction and deployment of the SEAX-1 project.
Nexans is proud to announce that it has started the construction of a new cable-laying vessel for submarine HV cable systems installation.
Paris La Défense, July 27, 2017 – Today, Nexans published its financial statements for the six months ended June 30, 2017, as examined by the Board of Directors at its meeting chaired by Georges Chodron de Courcel on July 26, 2017.
Major order: Two 90-km-long high-voltage direct-current cables from Nexans will transport up to 900 MW of wind power from North Sea Cluster 3 to the Emden/Ost converter station
Nexans announced today that Nexans Norway signed a five-year Global Framework Agreement with BP covering the engineering, procurement and construction of umbilical and Direct Electrical Heating (DEH) systems and ancillary equipment.
Description of the share Buyback program authorized by shareholders at the annual shareholders meetings of May 11,20177/7/17
On July 7, 2017, the Board of Directors has decided to implement a share buyback program under the terms and conditions of Article 5 of European Regulation 2014/596 of April 16, 2014 on market abuse (MAR)
Tokyo Bay factory supports the Group in addressing the growing demand for submarine high voltage power cables worldwide.
There has been a high level of activity in Indre Oslofjord in June. A large cable car, small boats and divers have worked day and night to install 1,300 tonnes of 420 kV sea cables between Solberg in Hurum, Buskerud, and Brenntangen in Vestby, Akershus.
Ardenne-Métropole has selected Nexans to install and maintain 149 public electric vehicle charging stations.
Nexans Launches Nexans Data Center Solutions to Help Hyperscale Data Center Operators Drive Tomorrow’s Hyper-Connected World
Headquartered in North America, the new global business unit launched by Nexans is designed to support global hyperscale data centers with physical-layer connectivity services and solutions in the hyper-connected world of tomorrow.
Ånstadblåheia wind farm will deliver renewable power to about 7,500 households when completed in 2018. Recently, Nexans Norway was awarded the contract of power cables to carry the "green" power of the grid.
Paris, May 11, 2017 – Nexans Mixed Shareholders’, held on May 11, 2017 at the Palais des Congrès in Paris, approved all the 26 resolutions proposed to the shareholders by the Board of Directors.
The current installation of the HVDC cable connecting the island of Newfoundland to Nova Scotia is a major operation. A significant number of Nexans’ employees and subcontractors in place, working to bring more renewable energy to the region.
Paris, May 3, 2017 – Today, Nexans announced that its sales for the first-quarter of 2017 amounted to 1,570 million euros
Paris, April 3rd, 2017 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 200 million bearing interest at 2.75% per annum and maturing on April 5, 2024, was approved by the AMF under number 17-130.
Nexans successfully placed a € 200 million bond issue today. This fixed rated issue has a maturity of 7-years (April 5, 2024 term) and an annual coupon of 2.75 % p.a..
For decades, high-voltage direct current (HVDC) mass impregnated (MI) cables have been the preferred solution for long-distance submarine transmission.
The 2016 Registration document has been filed with the AMF (Autorité des Marchés Financiers) on March 20, 2017.
Nexans and ffly4u, the industrial Internet of Things (IoT) specialist, are pioneering a tracking and management service that not only lets DSO customers know the exact location of their drums, it even tells them how much cable is left.
Paris, February 9, 2017 – Today, Nexans published its financial statements for the year ended December 31, 2016, as approved by the Board of Directors at its February 8, 2017 meeting chaired by Georges Chodron de Courcel.
Nexans secures around € 300 million contract to supply LV cables for infrastructure projects in Qatar through its QICC JV with Al Mirqab capital12/27/16
Qatar General Electricity and Water Corporation (Kahramaa), has recently signed a contract with Nexans for power cables.
Nexans keeps its current minority shareholding in Impex Electro.
Huawei Marine Networks has awarded Nexans the contract to supply 6000 km of their second generation submarine Repeatered Optical Cables (ROC) for Phase II of the National Broadband Network (“NBNII”) project linking Cameroon and Brazil.
Danish company DONG Energy Wind Power A/S has contracted Nexans to supply and terminate a total of 139 km of three-phase subsea cable for the first of three construction phases of the Hornsea Project One wind farm, located off the Yorkshire coast.
Nexans has launched the new MOTIONLINE® HALEX cable series, a range of halogen-free flexible automation cables for industrial applications.
Paris, November 4, 2016 – Today, Nexans announced its sales for the third quarter of 2016
Nexans Norway has been awarded a NOK 134 million contract with REN Sjøkabelberedskap AS, which involves Nexans Halden supplying 52 km of 170 kV submarine cable for new emergency preparedness stores at Stord.
Nexans is poised to deliver the first charging stations after landing a significant part of the contract to equip the sites of the national energy operator and most of France's public electricity distribution network with charging stations.
Nexans, in collaboration with the utility managing the majority of France’s public electricity distribution network, has developed and tested a new generation of medium voltage (MV) cables for the connection of power sources to the grid.
The first building equipped with BienVEnu, the electric vehicle charging solution for apartment blocks, was unveiled today.
Higher voltages and lower losses – these were just two of the topics that arose in lectures and discussions when Nexans showcased its innovations at CIGRE 2016 in August.
HVDC (high voltage direct current) power links are now able to utilize Nexans state-of-the-art XLPE cables that are qualified to 320 kV, while type testing at 525 kV has just been successfully completed.
Nexans cable technology has been selected by VBMS for the world’s first 66 kV offshore wind farm.
Nexans umbilicals to make essential subsea connection for BP and DEA in Egypt’s West Nile Delta project
Nexans has further extended its long run of success with BP oil & gas projects by winning a major contract to supply approximately 100 km of umbilicals for the next stage of the West Nile Delta project.
Nexans will be attending CIGRE 2016 which will take place from August 21 to August 26, in Paris.
OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.
The Construction Products Regulation (CPR) came into force for cables on June 10 2016.
Nexans is pioneering a step-change in the renewables industry as wind farm operators switch to higher voltage inter-array networks that boost their output capacity while utilising cost-effective, robust and easy to install cable systems. the new 72.5 kv accessories complement the previous development of nexans’ high-voltage inter-array cables.
Paris, May 24, 2016 – The prospectus for admission to trading on the regulated market of Euronext Paris of a bond of € 250 million bearing interest at 3.25% per annum and maturing on May 26, 2021, was approved by the AMF under number 16-199.
Beatrice Offshore Windfarm Ltd has chosen a consortium of Nexans and Siemens Transmission and Distribution Ltd to supply a transmission system to connect its new wind farm off the coast of Scotland to the grid.
Nexans successfully placed a € 250 million bond issue today. This fixed rated issue has a maturity of 5-years.
Paris, May 12, 2016 - Nexans Mixed Shareholders’, held on May 12, 2016, approved all resolutions proposed to the shareholders by the Board of Directors.
Paris, May 3, 2016 – Today, Nexans announced that its sales for the first quarter of 2016 amounted to 1,433 million euros
Nexans launching new low voltage WINDLINK® aluminum torsion-resistant loop cable solution for wind turbines
Transportation of energy inside wind turbines is set to become more cost effective with Nexans’ new solution in low voltage aluminum loop cables and associated accessories.
Nexans announced on February 18, 2016 the implementation of new employee shareholding plan.
G2mobility has signed an industrial and commercial partnership with the Nexans Group to accelerate the deployment of EV charging infrastructure in France and around the world.
Nexans has announced that its US Subsidiary based in Elm City, North Carolina has decided to close its cable factory focused on the production of defense wires and cables.
Paris, March 23rd, 2016 –Further to the Nexans Group’s 2015 annual results press release on February 18, 2016, you can now consult the 2015 management report on Nexans website: www.nexans.com, under the “Regulatory required information” section.
Launch of new Data Centre solutions
Paris, February 18, 2016 – Today, Nexans published its financial statements for the year ended December 31, 2015, as approved on February 17, 2016 by the Board of Directors under the Chairmanship of Frédéric Vincent.
Paris, February 17, 2016 - During the Board of Directors meeting on February 17th 2016, Frédéric Vincent announced his decision to end his term as Chairman of the company and as director effective 31st March 2016 and to retire.
Nexans has been selected to be the unique supplier of cabling to Samsung Heavy Industries’, turnkey contractor for TOTAL’s Egina FPSO.
Statoil has awarded Nexans the contract to supply static and dynamic cabling and associated accessories for the world’s first floating wind farm,
In a contract worth 4.6 million Euros, LofotKraft AS has once again selected Nexans to deliver and install 170 kV XLPE cables to upgrade the current systems in three fjords.
On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2020.
EnergoBit S.A.’s 30MW Babadag III Wind Farm in Romania will transmit energy to the grid using 140km of Nexans’ high temperature conductor cables and accessories.
Following the agreement signed end of October 2015, Nexans confirms that it has concluded, as of December 1st, the divestment of its Argentinean activities to the group which controls the cable manufacturer Cimet in Argentina.
Paris, November 3, 2015 - Nexans announces that the investigation by the United States Department of Justice Antitrust Division into the submarine and underground power cable industry, previously disclosed by Nexans, has been closed without prosecution or sanction against any Nexans group company.
Norwegian Escape, a luxury cruise liner built by Meyer Werft in Germany, has just been launched with 2,400 km of Nexans’ power, instrumentation and control cables.
Nexans announced today that it has reached a definitive agreement to sell its Argentinean operations and expects to close this transaction by the end of November 2015, subject to customary closing conditions.
Today, Nexans announced its sales for the third quarter of 2015.
Nexans unveils new certified iGigaswitch Series allowing streamlined communications between electrical devices
Nexans has released the world’s first KEMA IEC 61850 certified iGigaswitch Series, compatible across similarly certified components from any manufacturer allowing for smarter and faster interchangeability.
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt.
Nigeria and Cameroon are to receive a boost to Internet connectivity after Nexans delivered Repeatered Optical Cables for the Nigeria-Cameroon Submarine Cable System (NCSCSC) in a contract with turnkey contractor, Huawei Marine Networks Co.Ltd.
Nexans subsea cables will deliver power for the new offshore super complex serving Abu Dhabi’s Nasr oil field
The new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE, will be powered by Nexans’ subsea cables.
Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.
The Anthem of the Seas, a luxury cruise liners built at the Meyer Werft shipyard in Germany, set sail with Nexans cables on board.
Two new cable systems will reinforce the electricity grid in central Eastern Norway
Contract is valued at around Euros 50 million and will cover the design, manufacture and installation of XLPE cables
NSN Link will interconnect Nordic and British energy markets with the world’s longest subsea power link incorporating Nexans’ HVDC cable technology
Power interconnection beneath the North Sea will enable Norway and UK to share up to 1400 MW of green energy from 2021 onwards.
Statnett SF and National Grid has awarded Nexans a contract valued at around Euros 340 million to deliver the subsea cable on the Norwegian side.
Nexans will manufacture and supply XLPE submarine and underground cables to connect Danish substations
New Nexans facility in Charleston, South Carolina, USA will manufacture Extra High Voltage (EHV) cable to enable Ontario Power Authority (OPA) to develop its Feed-In Tariff (FIT) Program for renewable energy sources
Decision not to issue a bond due to the volatility and the pricing conditions prevailing in the market5/29/15
Considering the volatility and the pricing conditions prevailing in the market, Nexans has today decided not to proceed with a debt capital markets transaction at this point.
Not for distribution directly or indirectly in the United States, Canada, Australia or Japan / Bond issue project5/26/15
Nexans has today launched the process of roadshow meetings with fixed income investors and, subject to market conditions, a bond issue may follow.
Nexans has delivered one umbilical to the Snøhvit field in Norway as part of a €45 million contract with Statoil
Paris, May 5, 2015 – Nexans Mixed Shareholders’, held on May 5, 2015 approved all the twenty-nine resolutions proposed to the shareholders by the Board of Directors.
Today, Nexans announced first-quarter 2015 sales of 1,601 million euros at current metal prices (versus 1,560 million euros in the first three months of 2014). At constant metal prices, first quarter sales came in at 1,172 million euros, representing year-on-year organic growth of 1.8%.
The 2014 Registration document has been filed with the AMF on March 27, 2015 - The Mixed Shareholders’ Meeting will be held on Tuesday May 5, 2015.