Samsung Engineering Co., a construction unit of Samsung Group, has signed a deal to build a $1.03 billion refinery plant in Oman by early 2022, the company said Monday.
The builder said it signed the signed the deal with Duqm Refinery and Petrochemical Industries Co. LLC. on Thursday in Oman. It said in a regulatory filing that it will build a 230,000-barrel-a-day refinery facility for the Oman company by Jan. 13, 2022.
Samsung Engineering won the order in August last year and the two sides signed a final contract last week, a company spokesman said.
This map provided by Daewoo Engineering & Construction shows the construction site of a refinery plant as part of the Duqm Refinery Project Package 2 Utilities and Offsite project in Oman. (Yonhap)
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