South Korean construction giant Hyundai Heavy Industries Company has won a $US760 million contrac...
The South Korean firm, which is also the world’s biggest shipbuilders said the deal is the second it has ever secured and upon completion around mid-2005, the oil would shipped to the US market.
In a separate deal, Hyundai has won a $US160 million construction order from a Chinese joint venture company to build two offshore platforms and install a submarine pipeline on a turnkey basis. China’s ACT-OG is a joint venture made up of CNOCC, Chevron, Texaco and Operators Group.
Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.
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