By John Lee. South Korea’s Daewoo Engineering & Construction has reportedly won an $86 million order to build a prefabrication yard for a tunnel project at the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the Khor Al-Zubair immersed tunnel prefabrication […]
Tag Archives | Daewoo
Tags: Al Faw Grand Port, Basra News, Daewoo, featured, General Company of Iraqi Ports, korea, mn, Ports, Roads, South Korea
Daewoo Wins $70m Iraq Order
By John Lee. South Korea’s Daewoo Engineering & Construction has won a US$70.35 million order to build entrance roads for the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the 14.5 kilometer-long road by May 2021. Earlier this year, the company […]
Tags: Al Faw Grand Port, Basra News, Daewoo, featured, General Company of Iraqi Ports, korea, mn, Ports, Roads, South Korea
Daewoo Wins $589m Gas Separation Contract
By John Lee. Iraq’s cabinet has approved an $589 million oilfield service contract with South Korea’s Daewoo Engineering & Construction. The contract, approved on Tuesday, is for the engineering, procurement and construction of a gas separation facility at the Zubair oilfield. Production at the field is planned to increase from the current 320,000 barrels per […]
Tags: Daewoo, ENI, KOGAS Iraq News, korea, Korea Gas Corporation, Missan Oil Company, Occidental, Zubair
Cabinet Approves $700m Daewoo Deal
By John Lee. Iraqi Cabinet has authorised the Transport Ministry to sign the breakwater project for Great Fao [Faw] Port in Basra with the South Korean company Daewoo Engineering and Construction. According to a report from Aswat al-Iraq, this phase of the project will cost 521.56 million Euros. (Source: Aswat Al Iraq)
Iraq Plans Oilfield Contract Award to Koreans
By John Lee. Businessweek reports that Iraq plans to award contracts at the Zubair oil field the the Korean companies Samsung Engineering, Hyundai Heavy Industries, and Daewoo Engineering & Construction. Oil minister Abdul Kareem Luaibi [Elaibi] (pictured) has told reporters: “We are in the last stages in attributing the project entirely to three Korean companies … […]
Iraq Shortlists Candidates for Jordan Pipeline
By John Lee. The Wall Street Journal and Reuters report that Iraq has shortlisted 12 international companies to build the new $18-billion oil export pipeline to Jordan, the country’s first such pipeline in decades. Iraq’s oil ministry has chosen these companies from a list of more than 80 international firms which submitted their credentials to build […]
Tags: Aqaba, China National Petroleum Corporation, CNPC, Consolidated Contractors Company, Daewoo, Egypt, Fius Capital, Go Gas, Greece, india, Iraq-Jordan Pipeline, Italy, Japan, Jordan, korea, Larsen & Toubro (L&T), Marubeni, Mass Global, Mitsui, Orascom, Petrofac, Petrojet, pipelines, Punj Lloyd, Saipem, State Company for Oil Projects (SCOP), Stroygazconsulting (SGC), Toyota Tsusho
Daewoo Wins $709m Gas Contract
By John Lee. Daewoo Engineering and Construction has won a $709-million contract to upgrade the Akkas gas field in Anbar province, near the Syrian border, the Iraqi cabinet secretary announced. The South Korean company will provide engineering, procurement, construction and commissioning of a central processing facility in the field. Construction of the new facility is […]
Iraq Shortlists 2 to Build Breakwater
By John Lee. Iraq has announced a shortlist of two companies to build a breakwater for the $6 billion first phase of its Grand Fao port development. The director general of the State Company for Iraqi Ports, Omran Radhi (pictured), told Bloomberg that the Archirodon Construction Company submitted the lowest bid of 204 billion dinars […]
Tags: Al Faw Grand Port, Al Habtoor Leighton Group, Archirodon, China Communications Construction, Daewoo, Dredging International, General Company of Iraqi Ports, Grand Fao, Grand Faw, Hyundai, Jeongshin, Ports
16 Firms Bid to Build $412m Grand Faw Breakwater
By John Lee. Sixteen companies have bid to build a 480 billion-dinar ($412 million) breakwater for Iraq’s Grand Fao [Grand Faw] port. Omran Radhi, director general of the State Company for Iraq’s Ports, told Bloomberg that the list of bidders includes: Hyundai Engineering & Construction; Daewoo Engineering & Construction; Dredging International; China Communications Construction Company; […]
Tags: Al Habtoor Leighton Group, China Communications Construction Company, Daewoo, Dredging International, Grand Fao, Grand Faw, Hyundai, Leighton
Korea’s Daewoo in Iraqi Steel Talks
Azzaman reports that the Ministry of Industry and Minerals has asked South Korean firm Daewoo to rehabilitate its steel industry, which has been idle for more than three decades. Iraq had built one of the Middle East’s largest steel complexes, called the State Company for Iron and Steel, near the port of Umm Qasr, about […]