Samsung Engineering Co., a construction unit of Samsung Group, has signed a deal to build a US$1.03 billion refinery plant in Oman by early 2022, the company said Monday.
On Thursday, Samsung Engineering signed a deal with Duqm Refinery and Petrochemical Industries Co. LLC. (DRPIC) to build a 230,000-barrel-a-day refinery facility for the Oman company by Jan. 13, 2022, the company said in a regulatory filing.
Samsung Engineering won the order in August last year and the two sides signed a final contract last week, a company spokesman said.
Petrofac, a British oil and gas services provider, jointly won the Duqm Refinery Project Package 2 Utilities and Offsite deal valued at $2.08 billion, he said.