Samsung Engineering wins projects in Saudi Arabia

26 September 2011: Samsung Engineering has won three new projects in Saudi Arabia worth about $4bn (approx Rs 19,800 crore). The recent projects include Shaybah NGL (Natural Gas Liquid) and Wasit power plant from Saudi Aramco, and an aluminum complex from Maaden. The contracts mark the diversification of its traditional hydrocarbon business into the upstream, industrial and infrastructure sectors.

Source: Ameinfo