Nexans has been awarded a contract by StatoilHydro ASA with an estimated value of € 24 million, to supply the submarine export cables for the Sheringham Shoal Offshore Wind Farm project, located approximately 20 kilometres offshore from the north Norfolk coastal town Sheringham, UK.

The full execution of the cable contract is subject to offshore development consent from the UK government and a final investment decision during the 2nd half of 2008 for the Sheringham Shoal Offshore Wind Farm project. The contract scope includes engineering, procurement and construction of two 22 km 145 kV XLPE (cross-linked polyethylene insulated) submarine export cables, and a spare cable with associated equipment. An optical fibre cable manufactured at Nexans site in Rognan will also be included. The power cables will be manufactured at Nexans' factory in Halden, Norway for delivery in mid April 2010.