Prysmian Group to Showcase at OTC 2012 in Houston

Categories: Corporate

The Group to present the new O&G cable business organization resulting from the integration between Prysmian and Draka.

Houston   -   26 Apr 2012

Prysmian Group to Showcase at OTC 2012 in Houston

Prysmian Group to Showcase at Offshore Technology Conference 2012 in Houston

The Group to present the new O&G cable business organization resulting from the integration between Prysmian and Draka

From the complete OGP cable portfolio to flexible pipes, from umbilicals to DHT, 
the Group will present an extended product range to better serve the industry

By manufacturing OGP cables in 16 plants worldwide, the Group can ensure higher customer proximity 
Prysmian Group, world leader in the energy and telecom cable systems industry, will showcase at OTC 2012 in Houston, TX (USA) from April 30th to May 3rd, booth # 4753. The participation in the event represents the first official presence of the Prysmian Group, after the recent merger between Prysmian and Draka. The Group will be presenting its comprehensive product portfolio specifically designed for the Oil and Gas industry. 
Thanks to the merger between Prysmian and Draka, the Prysmian Group can, now, leverage a wider geographical presence (more than 50 countries) and, by offering a comprehensive and enlarged product portfolio and services, can address the fast-changing needs of its customers. The range on display will focus on solutions for offshore but also for on-shore applications, which incorporate complex and integrated power, control and instrumentation cable systems. The product portfolio will include exclusive specialties such as Drylam™ and Airguard™ Cable Systems - solutions specifically designed for critical environment - as well as innovative solutions such as Bostrig™, enhanced service loops for top drives, tailor made cable assemblies and accessories. To complete the available range on display, FP® fire resistant cables and a comprehensive range of SURF products (Subsea Umbilicals, Risers and Flowlines), that complement the current production of both Steel and Thermoplastic Umbilicals, and 2½“ and 4” flexible pipes for offshore oil and gas extraction. 
The integration with Draka has led to the creation of a new leading player in the cable industry with 16 plants dedicated specifically to cables for the OGP sector. Besides the facilities in Australia, Europe, Malaysia and South America, the Group can now rely on two new plants in North America, thus broadening the available range of products technology to special Downhole Tubing (DHT) systems (manufactured in Massachusetts and New Jersey) and creating interesting cross-selling opportunities to accelerate the business’s expansion in new strategic areas such as ASEAN, Northern Europe and Western Africa in order to support the leading key players in the global OGP industry such as ENI, SAIPEM, BP, Foster Wheeler, Shell, Petrobras, Petrofac, etc. 
Prysmian Group boast a long-standing tradition of involvement in some of the most important, strategic and technologically advanced projects in the industry, such as the Kashagan Oil Field in Kazakhstan, the Seadrill, Petrorig and Hull offshore drilling rigs for Jurong Shipyards and Keppel Fels in Singapore and the Shell Nanhai petrochemical complex in China. Currently, the Group is engaged in a four-year agreement with Petrobras for the design and supply of a wide range of dynamic risers and static flowlines suitable for deepwater. 
The next steps in the Group’s strategies are the further strengthening of its position in the OGP sector, in particular by targeting the offshore oil extraction areas in South East Asia, the Gulf of Mexico and Western Africa. As for technologies, the Group is about to finalise the ongoing qualification process for 6” flexible pipes, thus taking a significant step forward in the technological cooperation agreement with Petrobras.
Prysmian Group 
Prysmian Group is world leader in the energy and telecom cables and systems industry. With sales of some €8 billion in 2011, approximately 22,000 employees across 50 countries and 97 plants, the Group is strongly positioned in high-tech markets and offers the widest range of products, services, technologies and know-how. In the Energy sector, Prysmian Group operates in the business of underground and submarine power transmission cables and systems, special cables for applications in many different industrial sectors and medium and low voltage cables for the construction and infrastructure industry. In the Telecom sector, the Group manufactures cables and accessories for the voice, video and data transmission industry, offering a complete range of optical fibres, optical and copper cables and connectivity systems. Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.