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Sun 13 Feb 2011 11:27 AM

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South Korea's SK E&C wins $1.9bn order from Saudi Aramco

Construction period for gas plant in Wasit would be within 38 months, ending in 2014

South Korea's SK E&C wins $1.9bn order from Saudi Aramco
SAUDI ARAMCO: In late January, Aramco awarded deals to two South Korean firms, SK E&C and Samsung Engineering (Getty Images)

South
Korea's SK Engineering & Construction said on Sunday that it had signed
deals worth $1.9bn with Saudi Arabia's Aramco for the state oil giant's project
to build the kingdom's largest gas plant Wasit.

In late
January, Aramco awarded deals to two South Korean firms, SK E&C and Samsung
Engineering , but did not give a value for the deals.

Later,
industry sources told Reuters that three contracts SK E&C won were worth
around $1.9bn won.

SK added in
a statement that the construction period would be within 38 months, ending in
2014.

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