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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

Hyundai Heavy Industries logo

Hyundai Heavy Industries Subscription Required

8 July 2014, 8:35 GMT

Hyundai Heavy Industries of South Korea was established in 1973 and is active in shipbuilding, power, desalination and oil and gas projects

Daewoo E&C logo

Daewoo Engineering & Construction Subscription Required

8 July 2014, 8:00 GMT

Daewoo Engineering & Construction founded in 1973 is a Korean construction company active in civil, power, industrial plants and LNG projects

Samsung Engineering logo

Samsung Engineering Subscription Required

30 April 2014, 9:22 GMT

Samsung Engineering provides EPC services to the gas, petrochemical, power, industrial and water industries.

posco logo

Posco Subscription Required

30 April 2014, 8:42 GMT

South Korean steel producer Posco provides services to the construction, automobile and shipbuilding industries.

Daelim logo

Daelim Industrial Subscription Required

30 April 2014, 5:20 GMT

South Korean firm Daelim Industrial services the engineering, construction and petrochemical industries.

News

Gazprom consortium tenders Badra oil field power grids development Subscription Required

13 July 2014, 12:21 GMT | By Mark Watts

Companies asked to submit bids for contract in eastern Iraq by 10 August

Saudi Aramco plans multi-billion dollar refinery in Yanbu Subscription Required

8 July 2014, 12:19 GMT | By Kevin Baxter

A new refinery or expansion of current facilities are the two options are being considered  

Larsen & Toubro in front for Kuwait refinery pipeline Subscription Required

8 July 2014, 6:56 GMT | By Wil Crisp

Crude oil feedstock pipeline vital to Kuwait $15bn New Refinery Project

Saudi Aramco confirms $2bn S-Oil deal Subscription Required

7 July 2014, 12:30 GMT | By Kevin Baxter

State-owned oil major now majority shareholder in South Korean oil refinery

Saudi Aramco to build 11 stadiums across the kingdom Subscription Required

6 July 2014, 10:46 GMT | By Kevin Baxter , Andrew Roscoe

State-owned oil major to oversee construction of sports facilities as part of King Abdullah Programme

GDF Suez signs contract for Abu Dhabi Mirfa private power scheme Subscription Required

3 July 2014, 13:58 GMT | By Andrew Roscoe

Developer will hold a 20 per cent equity stake in the project

Maaden $5bn financing attracts high number of foreign banks Subscription Required

3 July 2014, 8:26 GMT | By Rebecca Spong

Financing deal marks growing international bank appetite for Saudi Arabian Mining Company

Maaden signs $5bn financing for Saudi phosphate city Subscription Required

1 July 2014, 13:39 GMT | By Rebecca Spong

Maaden financing features export credit agency support from South Korea and Canada

Foster Wheeler licensee wins Saudi power contract Subscription Required

1 July 2014, 11:40 GMT | By Andrew Roscoe

Licensee of US firm Foster Wheeler will provide heat recovery generators for Rabigh 2 power plant

Saudi Aramco to retender Ras Tanura in late 2014 or early 2015 Subscription Required

1 July 2014, 9:39 GMT | By Kevin Baxter

Front-end engineering and design being reconfigured to fit new scope of work for the Ras Tanura refinery clean fuels and aromatics project

Special Reports

South Korea

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

27 June 2013, 13:42 GMT | 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.

          Analysis

          The 488m-long, 74m-wide Prelude LNG will be towed to Australia

          Reportage: Prelude FLNG, South Korea Subscription Required

          24 October 2013, 11:39 GMT | By Alexandra Lyon-Dean

          Alexandra Lyon-Dean sees first-hand the floating liquefied natural gas vessel

          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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