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March 29, 2024

Samsung Engineering bags W1.1tr order from Oman

PUBLISHED : February 19, 2018 - 11:11

UPDATED : February 19, 2018 - 11:11

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[DISCLOSURE] Samsung Engineering (028050) announced on Feb. 19 that it has signed a 1.12 trillion won (US$1.04 billion) contract with Oman’s Duqm Refinery and Petrochemical Industries Company to build a refinery plant in the Duqm special district.

This amounts to 15.91 percent of its 2016 revenue and the contract is valid until Jan. 13, 2022.

By Hwang You-mee (glamazon@heraldcorp.com)

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