Published by
Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
According to reports, GS Engineering & Construction (GS E&C) has received an order to restore a refinery unit owned by Abu Dhabi National Oil Corp. (ADNOC).
The unit at the Ruwais refinery was damaged during a fire in January 2017.
GS E&C said that it is aiming to complete the work on the refinery unit by early 2019.
The order is valued at US$865 million.
Read the article online at: https://www.hydrocarbonengineering.com/refining/03072017/gs-ec-wins-new-order/
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Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
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