Hyundai E&C to Build Iraq’s Seawater Injection Facility

• Monday, 3rd June 2019
• by Editorial Team

Iraq has selected Hyundai Engineering and Construction Company to construct a seawater injection facility, according to Ihsan Abdul Jabbar, the director of Basra Oil Company, Reuters reported. The $2.4-billion facilit...

Hyundai E&C Cancels $521M Iranian Petrochemicals Deal

• Monday, 29th October 2018
• by Editorial Team

South Korean Hyundai Engineering & Construction announced it has canceled a $521 million agreement to build a petrochemicals complex in Iran, Reuters reported. Hyundai E&C said that the customer’s abilit...

Bapco Seeks Refinery Financing

• Monday, 21st November 2016
• by Egypt Oil & Gas

Bahrain Petroleum Company (Bapco) is in talks with Export Credit Agencies (ECA) to finance the expansion of its Sitra oil refinery. The project is estimated to cost around $5b, reported Reuters. The state-run Bahraini...