April 25, 2024
Industrials
GS E&C wins W1tr project in UAE
[THE INVESTOR] GS Engineering & Construction said on June 30 it has won a 1 trillion won (US$865 million) order to repair a refinery plant in the United Arab Emirates.
UAE Takreer, which is wholly owned by Abu Dhabi National Oil Co., placed the order with GS E&C to restore burnt parts of its oil-processing plant in Ruwais, 250 kilometers west of Abu Dhabi, the company said in a statement.
In 2009, GS E&C won the order to build the Ruwais plant and completed the work in November last year. But a fire in January destroyed the gasoline and propylene production facilities, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
UAE Takreer, which is wholly owned by Abu Dhabi National Oil Co., placed the order with GS E&C to restore burnt parts of its oil-processing plant in Ruwais, 250 kilometers west of Abu Dhabi, the company said in a statement.
In 2009, GS E&C won the order to build the Ruwais plant and completed the work in November last year. But a fire in January destroyed the gasoline and propylene production facilities, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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