Samsung Engineering Secures $2.76 Billion Order from Saudi Arabia

March 22, 2011
Samsung Engineering Co., South Korea's largest industrial plant builder, said Tuesday that it has signed a $2.76 billion deal to build a natural gas liquids (NGL) complex in eastern Saudi Arabia.

Under the deal with Saudi Arabia's state-run oil company, Aramco, Samsung Engineering will complete the complex by June 2014, the company said in a statement.

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