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This photo shows Samsung Engineering's West Qurna Phase 2 Field Development Project in Iraq. Courtesy of Samsung Engineering |
Samsung Engineering, a plant construction unit of Samsung Group, said Tuesday that it has received a letter of award for a pre-construction service agreement for a gas development project in the United Arab Emirates.
Under the deal with state-run Abu Dhabi National Oil, Samsung Engineering, a part of the joint venture with Technip Energies and Tecnimont S.p.A., will focus on the early engineering and procurement work on the onshore facilities of the Hail Ghasha Gas Development Project.
The value of the deal is at some $80 million, with Samsung Engineering's stake being at $27 million. (Yonhap)