Saudi Aramco, Samsung Ink Gas Deal

• Wednesday, 29th January 2020
• by Editorial Team

Samsung Engineering inked a $1.85-billion-deal with Saudi Arabia on a gas project, according to Arabian Business. The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (k...

Sonatrach Signs a 3.7 B Deal

• Thursday, 9th January 2020
• by Editorial Team

Algeria’s national oil company, Sonatrach, signed a deal worth approximately $3.7 billion, which stipulates building a new oil refinery in the western Ouargla Province, according to Kuwait News Agency (KUNA). Sonatrac...

ADNOC, Samsung Sign Two Agreements Worth Over $3.5 B

• Tuesday, 27th March 2018
• by Editorial Team

Abu Dhabi National Oil Company (ADNOC) awarded two major contracts worth more than $3.5 billion to Korean Samsung Engineering through ADNOC Refining, a wholly-owned ADNOC subsidiary, Al-Bawaba reported. The first cont...

Petrofac, Samsung Engineering Win $2 B Contract for Omani Refinery

• Sunday, 6th August 2017
• by Editorial Team

Oman’s Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to a 50-50 joint venture between Petrofac Ltd. and Samsung Engineering, reports Reuters. The contract is for construction, engineering, t...