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Sumitomo Electric received a limited notice to proceed from Samsung C&T to deliver a 400 kV HVDC submarine cable for ADNOC's Project Lightning in the UAE, with a project value of approximately US$200 million and expected system operation in 2025.
“Sumitomo Electric Industries, Ltd. has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) cable for Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE).”sumitomoelectric.com
Summarized from public sources; check the original articles before acting on it.