Nexans has been awarded a 3 million euro turnkey contract to supply lead-in cable systems for the advanced GeoStreamer seismic array technology that Petroleum Geo-Services (PGS) is deploying on its fleet of offshore survey vessels.

Paris, September 20, 2011 – The Board of Directors met yesterday following confirmation by its largest shareholder, Chilean group Madeco, that it effectively owns more than 19% of the Company’s shares and voting rights