The contract is valued at 90 million euros ($100 million).

Under the terms of the contract, Nexans will provide high voltage power cables and infield cables for a power complex in the Nasr field. Hyundai is the engineering, procurement and construction contractor for the power complex.

Specifically, Nexans will supply Hyundai with 132 kV XLPE insulated three-core subsea power cables, incorporating three fibre-optic elements.