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South Korea and the Middle East

News, data and analysis on South Korean companies working on projects in the Middle

South Korea Companies

Dohwa Engineering Company Subscription Required

4 November 2014

Dohwa Engineering Company is a consultant to the water, urban planning, transport and environmental engineering industries

Daewoo Shipbuilding & Marine Engineering Subscription Required

21 October 2014

Daewoo Shipbuilding & Marine Engineering (DSME) builds ships and supports the oil and gas producers as offshore contractor building large-scale offshore platforms, drilling rigs and submarines and onshore chemical plants, seawater treatment plants and power plants

STX Construction Subscription Required

11 September 2014

STX Construction Company of South Korea provides construction services, in the Middle East projects include Jizan Economic City: Steel Plant: Phase 2

Trac Development Company logo

Trac Development Group Subscription Required

13 August 2014

Trac Development Group is a South Korean developer and investor working in the Middle East on the Basra New City , Iraq project

Hanwha Engineering and Construction logo

Hanwha Engineering & Construction Subscription Required

7 August 2014

Hanwha Engineering & Construction is a South Korean contractor with activities in the Middle East

News

Temporary offices

Clean Fuels construction to start before the end of July Subscription Required

21 May 2015 | By Wil Crisp

Preliminary works for the Kuwaiti megaproject are ongoing

Oil storage

Bidders on Al-Zour package four prepare to submit new bids Subscription Required

21 May 2015 | By Wil Crisp

All four have picked up the new tender documents

Oil well

Kuwait manifold contract expected to be awarded in June Subscription Required

21 May 2015 | By Wil Crisp

UK-based company is low-bidder on the project

Six groups have submitted bids for the contract to develop Iraq’s first publicly tendered independent power project

Emal evaluates bids for power project Subscription Required

21 May 2015 | By Andrew Roscoe

Expansion will boost capacity by 235MW

Power plant

Dubal extends deadline for power plant expansion Subscription Required

21 May 2015 | By Andrew Roscoe

Project will expand captive power plant capacity for aluminium producer

Aramco awards construction deal to Arabtec

Eight contractors in for tallest commercial tower in Dubai Subscription Required

20 May 2015 | By Colin Foreman

The Burj 2020 will be built in the Jumeirah Lake Towers area

Aramco awards construction deal to Arabtec

Saudi fund to buy South Korean contractor stake Subscription Required

18 May 2015 | By Colin Foreman

Deal reported to involve 30 per cent stake in Posco Engineering & Construction

Pipeline

Al-Zour pipeline expected to be retendered Subscription Required

14 May 2015 | By Wil Crisp

An invitation for bids on the $800m project is likely to be issued in coming months

GS Energy awarded 3 per cent stake in Adco

GS Energy awarded 3 per cent stake in Adco Subscription Required

13 May 2015 | By Mark Watts

South Korean group is third international company to enter Abu Dhabi oil concession

Oil pipelines

Contractors seek compensation amid shutdown Subscription Required

13 May 2015 | By Wil Crisp

Sources say Punj Lloyd and SK Engineering & Construction among those seeking damages

Special Reports

South Korea

The story behind South Korea's success in the Middle East

27 June 2013 | By Kevin Baxter

In May 2013, Saudi Arabia’s Prince Sultan bin Salman bin Abdulaziz al-Saud met South Korean Foreign Minister Yun Byung-se to celebrate the 50th anniversary of diplomatic relations between the two countries

    Oil and gas

    Oil and gas Special Report: South Korean firms top MEED's GCC contractors survey Subscription Required

    Issue 26 1-7 July 2011

    MEED’s annual review of oil and gas engineering, procurement and construction contract awards in the GCC shows South Korean firms are increasing their dominance of the market

      Oil and gas

      Special Report: Oil & Gas - South Korean firms dominate MEED's GCC contractors survey Subscription Required

      Issue No 27 2 - 8 July 2010

      US companies lose the top spot on contract wins in the region

        Globe jigsaw

        Partners for growth: South Korea and the Middle East Subscription Required

        Supplement: South Korea and the Middle East

        The award in December, of an estimated $20bn contract to a South Korean-led consortium to design and build nuclear power stations in Abu Dhabi is the culmination of three decades of hard work by South Korean companies in the region. From being a very minor player 30 years ago, Korea is today one of the region’s main providers of consumer goods and engineering services.

          Biographies

          Casey Choi Subscription Required

          Issue 50 16-22 December 2011

          Casey Choi is president of SK Engineering & Construction (SK E&C)

          Hong-Pyo Kong Subscription Required

          Issue 50 16-22 December 2011

          Hong-Pyo Kong is chief marketing officer, Samsung Engineering

          Jun-Yeon Byun Subscription Required

          Issue 49 3-9 December 2010

          Jun-Yeon Byun is executive vice-president of the UAE nuclear division

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