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| Photo=Samsung Engineering Homepage |
[Alphabiz=(Chicago) Reporter Kim Jisun] Samsung Engineering UAE announced on the 17th that it has received a successful bid notice for the initial business (PCSA) of Hail & Ghasha Gas Development Project land facilities from Adnock, a state-run company.
Samsung Engineering will carry out some of the detailed designs, orders for major long-term equipment equipment, and overall design, procurement and construction (EPC) estimates for the final investment decision in collaboration with France's Technip Energies and Italy's Tecnimont. Of the total order amount of 80.7 million dollars (about 100 billion won), Samsung Engineering's stake is 27.2 million dollars (about 34 billion won). The project will be carried out by July this year.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
