Samsung Heavy wins $3.0 bln order from Nigeria | Bangkok Post: news

News > World

Samsung Heavy wins $3.0 bln order from Nigeria

- +

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had won a $3.0 billion order to build a giant offshore oil storage platform in Nigeria. 

File photo shows an offshore platform (background) and a loading buoy, pictured on December 13, 2007. South Korean shipbuilder Samsung Heavy Industries said on Thursday it had won a $3.0 billion order to build a giant offshore oil storage platform in Nigeria.

Under the deal with an unnamed client, the shipbuilder will construct the floating platform used to store and process oil, which will begin operations in 2017, Samsung said in a statement.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments