Samsung Engineering Co., one of South Korea’s largest industrial plant builders, said Thursday it has obtained a $770 million order for a natural gas processing plant in northeastern Malaysia.
The order was jointly placed by Petronas Carigali, a unit of Malaysia’s state-run oil company Petronas, and HESS Corp., a U.S. energy company, Samsung Engineering said.
The South Korean builder said it will complete the plant, to be set up within an industrial complex 260 kilometers northeast of Kuala Lumpur, by July 2016.
The plant will produce 700 million cubic meters of natural gas daily when put into operation. (Yonhap News)