Prysmian Group Signs Major Contracts With Brazilian Petrobras

NEW FRAME AGREEMENT FOR UMBILICALS WORTH TOTAL $ 260 MEXTENSION OF FLEXIBLE PIPES FRAME AGREEMENT WORTH TOTAL $ 95 MMilan, 1 October 2013 – Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded new major contract worth a total of up to approximately $ 260 Million, related to a frame agreement for Umbilical products for offshore oil and gas extraction, by Brazilian oil company Petrobras.The award refers to a frame agreement for 360 km of Umbilicals, most of it to be used in pre-salt fields, in 16 different cross sections and related ancillaries, offshore services and qualifications, worth app

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