Sumitomo Electric Industries Ltd.

05/25/2022 | Press release | Distributed by Public on 05/25/2022 02:47

Sumitomo Electric Concludes Contract for High-Voltage Direct Current Submarine Cable Project for UAE

Sumitomo Electric Industries, Ltd. is pleased to announce that it concluded a contract with Samsung C&T Corporation of South Korea for the delivery of high-voltage direct current (HVDC) submarine cables to Abu Dhabi National Oil Company. Sumitomo Electric received a limited notice to proceed (LNTP) for this project from Samsung C&T in February 2022.

The signing ceremony of the contract was held at the Tokyo Head Office with Mr. Juyoul Kim, Vice President /Head of Procurement, Samsung C&T.