Hyundai Heavy Industries Company said on Sunday it had won a $1.4 billion contract to build the first phase of the Az-Zour North Independent Water and Power Project (IWPP) in Kuwait from GDF Suez (GSZ.PA) -led consortium.
United Arab Shipping Company (UASC) said it had placed orders worth over $2 billion for very large container ships with South Korea's Hyundai Heavy Industries.
UASC ordered five vessels of 18,000 twenty-foot equivalent units (
South Korea's Hyundai Heavy Industries is close to winning an order worth about $1.4 billion to build 10 huge container ships for the United Arab Shipping Company (UASC), a source close to the matter said.
Under the deal, UASC
South Korean group Hyundai Heavy Industries has submitted the lowest bid to build a new oil-fired power plant in Jeddah for state-controlled Saudi Electricity Company, industry sources said.
A Hyundai Heavy Industries spokesman sa
Kuwait’s largest power plant Sabiya said it has activated six gas turbine-generators powered by technology giant GE to boost its power output during the peak summer season.
These 9FA gas turbines are adding about 10 per cent of capaci
Hyundai Heavy Industries Company, the world's largest shipbuilder, said on Friday that it has won a 1.35 trillion won ($1.19 billion) order to build a Floating Production Storage and Offloading (FPSO) vessel, from an unidentified major Europea
Hyundai Heavy Industries Co has won a $767.6 million order to build five supertankers for Oman Shipping Company.
Hyundai said in a filing to the Korea Exchange it would deliver the ships by December 30, 2011. A senior official fr