S. Korea's STX Heavy Industries wins 105.7bn won order from Iraq

January 15, 2014 - 12:12:31 pm

SEOUL: STX Heavy Industries Co., one of South Korea's leading shipbuilders, said that it has obtained a 105.7 billion won or about US$99.5 million order to build a gas treatment plant in eastern Iraq.

STX Heavy will complete the plant in the Garraf oil fields by November 2015 in a deal with Petronas Carigali Iraq Holding B.V., according to South Korea's Yonhap News Agency.

Earlier in the month, the company also won a 500 billion won order to build a 550-kilometer pipeline at a gas field in northwestern Iraq by June 2017. (QNA)

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