Samsung Engineering wins US$1 bln plant deal from Oman
SEOUL-- Samsung Engineering Co., a South Korean plant builder, said Monday that it has secured a US$1 billion deal to build refining plant-related facilities in Oman.
Under the deal with Duqm Refinery Petrochemical Industries Co., a 50-50 joint venture between Samsung Engineering and Petrofac of Britain, the companies will construct utilities and offsite facilities for a refinery project at Duqm, located in the southern part of Oman, by 2021.
Located in the Duqm Special Economic Zone, the refinery project will have a refining capacity of around 230,000 barrels of oil per day.
Source: Yonhap News Agency