UAE's ADNOC awards $3.5bln contracts to Samsung Engineering | ZAWYA MENA Edition:
"Abu Dhabi National Oil Co (ADNOC) said on Monday it had awarded two contracts to South Korea's Samsung Engineering 028050.KS worth more than $3.5 billion.
The contracts were signed by ADNOC Refining, a wholly owned subsidiary of ADNOC, and Samsung Engineering.
The first engineering, procurement and construction (EPC) contract was awarded for a $3.1 billion project on flexibility in crude oil processing, ADNOC said in a statement."
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