KOTC Receives Shegardiah Oil Tanker

• Wednesday, 29th April 2020
• by Editorial Team

The Kuwait Oil Tanker Company (KOTC) received the Shegardiah oil tanker from South Korean manufacturer Hyundai Mipo Dockyard on April 28, according to KUNA. The Shegardiah oil tanker is the newest addition to the Kuwa...

Aramco, Hyundai Ink MoU For Hydrogen Fuel, Non-Metallic Materials

• Thursday, 4th July 2019
• by Editorial Team

Hyundai Motor Company signed a memorandum of understanding (MoU) with Saudi Aramco to accelerate the expansion of using hydrogen fuels in both the Saudi and South Korean markets, Asharq Al-Awsat reported. The two comp...

Kuwait Oil Tanker Company Agrees $167M Deal with Hyundai

• Thursday, 26th April 2018
• by Editorial Team

Kuwait Oil Tanker Company (KOTC) has agreed a $167.6 million deal with South Korean shipbuilding firm Hyundai Mipo Dockyard for the construction of four petroleum tankers, The Arab Times reported. The KOTC stated that...

Iran Signs $3.2b Oil Deal with Hyundai

• Tuesday, 14th March 2017
• by Dr. Mahinaz El-Baz

Hyundai has signed a deal worth around $3.2b to invest in a major Iranian oil project, the South Korean firm confirmed. According to Daily Mail,  the fund will be directed to the second phase of the Kangan oil product...