Hyundai Engineering awarded Karbala refinery EPC
<p>A consortium led by South Korea's Hyundai Engineering will be offered a $6.04 billion contract to build a 140,000 barrels per day (bpd) refinery in Karbala.</p>A consortium led by South Korea's Hyundai Engineering will be offered a $6.04 billion contract to build a 140,000 barrels per day (bpd) refinery in Karbala.
The Iraqi Cabinet on Tuesday approved the deal between the Oil Ministry's State Company for Oil Projects and the consortium. It did not name the other participants.
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