25 May 2022

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

Others

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.

(From the left) Mr. Juyoul Kim, Vice President /Head of Procurement, Samsung C&T; Yasuyuki Shibata, Managing Executive Officer of Sumitomo Electric

■　Comment by Yasuyuki Shibata
It is a great honor for us to be selected as an HVDC cable supplier for this project, which is of great importance to the UAE as it has set a national goal of zero greenhouse gas emissions by 2050. Taking full advantage of our experience in manufacturing and installing HVDC cables all over the world, we will strive to provide highly reliable products and services for this project.