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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

Mecca metro

Preferred bidder selected for Mecca Metro Subscription Required

7 July 2015 | By Hossam Abougabal

Spanish-led consortium appointed preferred bidder for Mecca Metro

GS Energy awarded 3 per cent stake in Adco

Frontrunner emerges for biggest UAE oil contract of 2015 Subscription Required

6 July 2015 | By Mark Watts

Low bid for Bab Integrated Facilities Expansion said to be in region of $3bn

The new Atlantis hotel planned in Dubai

Dubai sets July deadline for Atlantis Subscription Required

6 July 2015 | By Colin Foreman

New resort will be built on Palm Jumeirah

Sabic forms joint venture for chemicals production

Sabic forms joint venture for chemicals production Subscription Required

6 July 2015 | By Mark Watts

Consortium targets $640m of investment

Wastewater

Doosan wins Oman wastewater deal Subscription Required

5 July 2015 | By Andrew Roscoe

South Korean contractor will expand sewage treatment plant

LNG ship

Qatar acquires full stake in LNG carriers Subscription Required

5 July 2015 | By Jennifer Aguinaldo

Both carriers are chartered for 25 years to RasGas

Water pipes

Oman invites bids for water contracts Subscription Required

2 July 2015 | By Andrew Roscoe

Eight operation and maintenance contracts have been tendered for projects across the sultanate

Dubai metro

Dubai to prequalify metro bidders in mid-July Subscription Required

2 July 2015 | By Colin Foreman

At least 10 groups submitted documents in June

Commercial bids submitted for Bab oil development

Commercial bids submitted for Bab oil development Subscription Required

1 July 2015 | By Mark Watts

Seven contractors vying for estimated $2bn Abu Dhabi oil field project

The Clean Fuels Project will upgrade and expand Kuwait’s Mina al-Ahmadi and Mina Abdullah refineries

Clean Fuels Project to close financing by early 2016 Subscription Required

1 July 2015 | By Philippa Wilkinson

Kuwait National Petroleum Company seeking $9.9bn of debt

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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