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Prysmian to link Egypt and Saudi Arabia
Official Press Release Prysmian Group:
Prysmian Group awarded a €221 M submarine cable project in Middle East
A strategic link transmitting energy between Egypt and Saudi Arabia, connecting two continents across the Gulf of Aqaba
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract for a ±500kV HVDC submarine and land cable system to create an interconnection between the Arab Republic of Egypt and the Kingdom of Saudi Arabia worth around €221 million. The project was awarded to Prysmian Group by the Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company (SEC). The new link will facilitate the strategic exchange of energy between the two countries and will connect the Gulf Cooperation Council (GCC) countries with the African continent. The signature of the contract is expected in early October... ... More: Official Press Release Prysmian Group
- Keywords:
- Prysmian, marine, submarine, Middle East, cables, Gulf, of Aquba, interconnection, Egypt Saudi Arabia, EETC, land, cable system