News: Samsung Engineering Co Ltd (028050.KS)
Wed, Apr 17 2013
* Co to bid for regional contracts worth $3-$10 bln (Adds details, background)
DUBAI, April 17 - Arabtec, the contractor part-owned by Abu Dhabi fund Aabar, signed an agreement with Korea's Samsung Engineering Co to jointly form a new company that will focus on large energy and power-related projects in the region.
DUBAI, April 17 - Arabtec Holding : * Dubai's Arabtec Holding signs joint venture with Samsung
SEOUL, April 17 - Seoul shares fell on Wednesday morning, erasing early gains as builders lost ground on earnings concerns after Samsung Engineering reported first-quarter losses on Tuesday.
SEOUL - Samsung Engineering said on Wednesday that the South Korean builder secured an order worth about $880 million to construct gas processing facilities in Badra, Iraq.
BAGHDAD - Iraq's cabinet approved an $879 million oilfield service contract with Samsung Engineering for the development of the Badra oil field, the cabinet said in a statement.
BAGHDAD, Jan 16 - Iraq's cabinet approved an $879 million oilfield service contract with Samsung Engineering for the development of the Badra oil field, the cabinet said in a statement.
SEOUL - Samsung Engineering Co Ltd said on Monday its consortium with China's Shanghai Electric and Saudi Arabia's Al Toukhi was awarded a $3 billion order to build a power and desalination plant in Yanbu, Saudi Arabia.
KHOBAR, Saudi Arabia - A consortium including Samsung Engineering and Shanghai Electric have won an 11.3 billion riyal ($3 billion) deal to build a water desalination plant on the Red Sea coast of Saudi Arabia.