April 25, 2024
Market Now
Samsung Engineering bags W1.1tr order from Oman
[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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