Friday 1 July 2016
 
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Daewoo

Hanwha, Daewoo win $20bn Saudi residential project

A consortium including Korean group Hanwha Engineering & Construction has won a $20-billion project to build 100,000 homes in Saudi Arabia, said a report. The housing development plan will mark the largest ever project that a

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Bahri to buy two used VLCCs for $157m

National Shipping Co of Saudi Arabia (Bahri) said on Tuesday its board had approved the purchase of two used oil tankers from a subsidiary of South Korea's Daewoo Shipbuilding and Marine Engineering Co for $157 million.  

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Siemens hands over Abu Dhabi power plant

Siemens and its Korean consortium partner Daewoo Engineering & Construction, have handed over a key power plant in Abu Dhabi, UAE, to its owner Shuweihat Asia Power Company (Sapco) for commercial operation. Sapco is a consorti

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Siemens hands over Abu Dhabi power plant

Siemens and its Korean consortium partner Daewoo Engineering & Construction, have handed over a key power plant in Abu Dhabi, UAE, to its owner Shuweihat Asia Power Company (Sapco) for commercial operation. Sapco is a consorti

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Oman Drydock to launch LNG repair tie-up

Oman Drydock Company (ODC), shipyard specialising in ship repair and conversion, will launch a new partnership targeting the LNG carrier repair market in association with DSEC, a subsidiary of Daewoo Shipbuilding. The launch is to

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Daewoo's luxury minibus debuts in Bahrain

Motorcity, the sole distributor of Daewoo Commercial vehicles in Bahrain, has launched the company's new luxury mini bus, Lestar in the kingdom. The launch was held at Motorcity's commercial showroom at Nuwaidrat on Monday

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Iraq signs $690m barrier contract with Daewoo

Iraq said it had signed a 511 million euro ($690 million) contract with South Korea's Daewoo to build a sea barrier at its planned Grand Faw port in the south of the country. Under the contract, Daewoo will build the barrier,

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Daewoo wins $709m Iraq contract

Daewoo Engineering & Construction said on Thursday it had won a $709 million order to build a central processing facility in Iraq's Akkas gasfield.   The South Korean builder said in a regulatory filing t

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Daewoo wins $709m Iraq gas field contract

South Korea's Daewoo Engineering & Construction has won a $709 million service contract to develop Iraq's largest gas field in the western province of Anbar, the cabinet secretary said on Monday. Daewoo E&C will ha

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Jordan buys 100,000 tonnes wheat in tender

Jordan's Ministry of Trade and Industry said on Wednesday it had bought 100,000 tonnes of wheat in a tender. Of the total, 50,000 tonnes were purchased at the price of $279 a tonne, cost and freight, for shipment during the fi

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