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Prysmian to strengthen presence in the Asia pacific and showcase extended product portfolio at OSEA 2012 in Singapore

Monday, Nov 26, 2012

Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase its state-of-the-art range of products and technologies, specifically dedicated to the Oil & Gas sector, at OSEA 2012 that will take place in Singapore from November 27 to 30 (booth BJ4-01).

Prysmian Group’s product portfolio at OSEA 2012 will focus on a wide range of cable solutions for the Oil & Gas industry, which incorporates complex and integrated power, control and instrumentation systems for chemical, petrochemical, power or industrial plants. The showcase will include innovative solutions such as Bostrig™ Type P, Drylam™ and Airguard™ Cable System, designed for critical environments, with enhanced resistance to hydrocarbons and moisture aggression, reduced diameters and lower environmental impact vs. lead-sheathed cables and with increased mechanical protection, lighter weight, improved flexibility and shorter installation times compared to traditional armoured cables. To complete the available portfolio FP® fire resistant cables, SURF products (Subsea Umbilicals, Risers and Flowlines) - both Steel and Thermoplastic, as well as flexible pipes for offshore oil and gas extraction - and Submarine cable solutions will also be on display.

OSEA - Asia's most important business technology event for the Oil and Gas industry- represents an excellent opportunity for Prysmian Group to strengthen its presence in the Region, where the Group boasts already a

long standing tradition of involvement in some of the most important, strategic and technologically advanced projects in the OGP industry such as the Seadrill, Petrorig, Hull ND Maersk Oil (series) semi-submersible and jack-up drilling units built by Jurong Shipyards and Keppel Fels, Pluto LNG in Australia and the Second Parallel Train for Exxon Refinery in Singapore.

The 2012 edition of OSEA comes at a time of key developments for the Group after the merger between Prysmian and Draka that has led to the creation of the largest cable maker in the world. "We are ready to face

the fast-growing market challenges offered by the Region" states Fréderic Grosse Vice President and Head of Prysmian’s Oil & Gas Business Unit.

With an extended footprint in more than 50 countries and a fully comprehensive portfolio of products and services Prysmian Group can address the fast-changing needs of its customers. The integration between Prysmian and 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 rely on two plants in North America, thus broadening the available range of technologies to special Downhole Tubing (DHT) systems and creating interesting cross-selling opportunities to accelerate the business’s expansion in new strategic areas in order to support the leading key players in the global OGP industry such as ENI, SAIPEM, BP, Foster Wheeler, Shell, Petrobras, Petrofac, etc. The next steps in the Group’s strategies are the further strengthening of its position in the OGP sector, in particular by targeting

the onshore and offshore extraction and processing areas in the Middle East, South East Asia, the Gulf of Mexico and Western Africa.

Source: Prysmian

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