Posco International is one of the last foreign companies with a significant stake in Myanmar’s oil and gas sector, despite the industry’s ties to a military regime that has been widely condemned for violations of human rights.
South Korea’s Samsung and Hyundai will collaborate with Global Green Growth Institute (GGGI) on a $1.2 billion clean energy project in Indonesia to produce green hydrogen.
Samsung C&T will partner with Vietnamese construction company Lilama to build what could be Vietnam's first gas-fired power facilities to be fuelled by liquefied natural gas (LNG) as the country works to transition away from coal.
Hyundai Engineering & Construction and partner Saipem will provide front-end engineering and design (FEED) services for Pertamina’s TPPI Olefin Complex project in Indonesia. Samsung Engineering and partner Technip have also signed a FEED contract for the same project.
At a point when much of the world is coming to terms with how to work from home, Samsung’s MagicINFO Remote Management Solution offers an ideal means to reduce site visits and service calls.
Drilling rig contractor Ensco Rowan has been awarded £140 million in damages in its proceedings against Samsung Heavy Industries, a shipyard in South Korea.
Pacific Drilling has cancelled the construction contract for the ultra-deepwater drillship Pacific Zonda after Samsung Heavy Industries failed to deliver the vessel on time.