NEX Nexans SA

Nexans awarded Hadselfjord subsea cable contract to strengthen the security of supply in Norwegian island Archipelagos

Nexans awarded Hadselfjord subsea cable contract to strengthen the security of supply in Norwegian island Archipelagos

Nexans awarded Hadselfjord subsea cable contract to strengthen the security of supply in Norwegian island archipelagos

PRESS RELEASE

  • Project will provide a 170kV power cable connection crossing a fjord of almost nine kilometers in Northern Norway at a water depth of 200 meters. 
  • Contract value exceeding 18 million Euros.
  • Nexans to supply a dedicated system solution to ensure continuity of power supply for the population in the Lofoten and Vesterålen island archipelagos.

Paris, February 9, 2021 – Nexans has been awarded a major order by Statnett, Norway’s national Transmission and Systems Operator, to supply and install a new high-voltage subsea power link crossing Hadselfjord in the far north of the country. The project is critical to strengthen the security of supply for a population of around 50,000 people in the Lofoten and Vesterålen island archipelagos.

The Hadselfjord cable project is vital for Statnett as the current cable, installed in 1977, has exceeded its technical design life. Nexans will upgrade the link by installing two 170 kV submarine cable systems covering a route of approximately 8.8 km at a maximum water depth of 200 m.

According to Elisabeth V. Vardheim, Statnett's Executive Vice President, "the Hadselfjord project will strengthen the security of supply in the region and facilitate future electrification and developments. The cable contract is the most crucial part of this project, and we are looking forward to work together with Nexans on this. We have in previous projects experienced Nexans as a good supplier".

The cable route extends across Hadselfjord between Fiskebøl and Melbu in Vesterålen. The EPCI contract comprises engineering, procurement, construction and installation of the cable systems based on Nexans well-proven cross-linked polyethylene (XLPE) subsea cable technology. The three-core cables will have an integrated fiber-optic element for both communication and Distributed Temperature Sensing (DTS). The contract also includes single-core XLPE underground cables for the land-based sections of the link, together with accessories such as cable terminations, cable joints, earthing systems and anti-corrosion systems.

The Hadselfjord cables will be manufactured at Nexans’s specialized subsea cable factory in Halden, Norway and the fiber optic elements will be produced at Nexans’ own plant in Rognan in the north of Norway. The cables have a design lifetime of 40 years and installation is expected to commence in 2022.

Ragnhild Katteland, Executive Vice President, Subsea & Land Systems Business Group, Nexans, said: “Our company purpose of Electrifying the Future is aligned with a long history of working with Statnett on many different types of projects, including cross-fjord power links. We are therefore delighted that Statnett have put their trust in us once again for Hadselfjord.”

About Nexans

Nexans is a key driver for the world’s transition to a more connected and sustainable energy future. For over 120 years, the Group has brought energy to life by providing customers with advanced cable technologies for power and data transmission. Today, Nexans goes beyond cables to offer customers a complete service that leverages digital technology to maximize the performance and efficiency of their critical assets. The Group designs solutions and services along the entire value chain in three main business areas: Building & Territories (including utilities and e­mobility), High Voltage & Projects (covering offshore wind farms, subsea interconnections, land high voltage), and Industry & Solutions (including renewables, transportation, oil and gas, automation, and others).

Corporate Social Responsibility is a guiding principle of Nexans’ business activities and internal practices. In 2013 Nexans was the first cable provider to create a Foundation supporting sustainable initiatives bringing access to energy to disadvantaged communities worldwide. The Group’s commitment to developing ethical, sustainable and high-quality cables also drives its active involvement within leading industry associations, including Europacable, the NEMA, ICF and CIGRE.

Nexans employs nearly 26,000 people with an industrial footprint in 34 countries and commercial activities worldwide. In 2019, the Group generated 6.7 billion euros in sales.

Nexans is listed on Euronext Paris, compartment A.

For more information, please visit

Contacts:

Communication                                                                                           Financial Communication

Catherine Garipoglu                                                                                    Aurélia Baudey-Vignaud

Tel.: + 33 (0)1 78 15 04 78                                                                            Tel.: +33 (0)1 78 15 03 94

                                                                 

Minaa El Baz                                                                                                Elodie Robbe-Mouillot

Tel.: +33 (0)1 78 15 04 65                                                                             Tel.: +33 (0)1 78 15 03 87

                                                                          

  



 

 

 

Attachment



EN
09/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nexans SA

 PRESS RELEASE

Resignation of Mr. Oscar Hasbún Martínez from his position as Director...

Resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans as of May 20th, 2026 Resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans as of May 20th, 2026 _PRESS RELEASE_ Paris, February 27th 2026 – Nexans announces the resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans, effective May 20th, 2026. His resignation also entails the end of his duties as chairman of the Strategy and Sustainable Development Committee. This resignation comes in the context of the reduction of Invexans Limited's stake in Nexans' share ...

 PRESS RELEASE

Démission de M. Oscar Hasbún Martínez de son mandat d’administrateur d...

Démission de M. Oscar Hasbún Martínez de son mandat d’administrateur de Nexans à compter du 20 mai 2026 Démission de M. Oscar Hasbún Martínez de son mandat d’administrateur de Nexans à compter du 20 mai 2026 _COMMUNIQUÉ DE PRESSE_ Paris, le 27 février 2026 – Nexans annonce la démission de M. Oscar Hasbún Martínez de son mandat d'administrateur, avec effet au 20 mai 2026. Sa démission implique également la fin de ses fonctions de Président du Comité Stratégique et de Développement Durable. Cette démission s’inscrit dans le contexte de la réduction de la participation d’Invexans Limited dan...

Jean-François Granjon
  • Jean-François Granjon

ResearchPool Subscriptions

Get the most out of your insights

Get in touch