Middle East Economic Survey
Takreer Awards UAE Refinery Contract To Koreas GS
The Takreer unit of Abu Dhabi National Oil Company (ADNOC) has awarded a $3.1bn contract to South Koreas GS Engineering & Construction for construction of a new residue fluid catalytic cracking unit at the UAEs Ruwais refinery. The plant is expected to be completed by January 2014, GS said. The new plants construction is part of a larger initiative by Takreer, which handles ADNOCs...