Hyundai wins Kuwait oil storage order Date: Wednesday, August 31 @ 10:17:27 PDT Topic: Business News; Market Research
Hyundai Heavy Industries Co, the world’s largest shipbuilder, said it received a US$1.25 billion (US41 = RM3.77) order to build storage tanks and loading facilities in Kuwait to boost the nation’s capacity to export oil.
...“The new facilities at Al Ahmadi port, south of Kuwait city, will help the country produce and export three 3 million barrels of crude oil a day,” Hyundai Heavy said in a statement yesterday.
