South Korean builder SK Engineering & Construction Co. said Monday that it has clinched a US$1.1 billion contract to build an oil refinery facility in Saudi Arabia.
South Korea's (Yonhap) News Agency said that under the deal with the state-run oil company Saudi Aramco, SK E&C will build an oil refinery plant with a daily capacity of 400,000 barrels of crude and a terminal to ship the petrochemical products in Jazan Economic City in southwestern Saudi Arabia. (QNA)
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