SEOUL, May 25 (Korea Bizwire) — Major South Korean cable maker Taihan Cable & Solution Co. said Thursday it has won a US$65 million contract in Kuwait. The deal calls for Taihan Cable & Solution to install 330-kilovolt underground cables connecting substations in Kuwait City in order to meet growing electricity demand in the Kuwaiti [...]
SEOUL, Nov. 18 (Korea Bizwire) — A liquefied natural gas (LNG) terminal in Kuwait, a project spearheaded by South Korean firms, has been completed after five and a half years. Kuwait’s Al-Zour LNG Import Terminal, which started testing in July, has recently completed trials of the regasification facilities and the storage tanks and began commercial [...]
SEOUL, April 10 (Korea Bizwire) — Kuwait has granted entry ban exemptions to over 100 employees of 25 South Korean companies after government and parliamentary leaders appealed to the Middle Eastern nation that bilateral economic cooperation must be kept up despite the coronavirus pandemic, an official said. It is the first time that Kuwait has [...]
SEOUL, Jan. 25 (Korea Bizwire) — Hyundai Heavy Industries Co., the world’s biggest shipbuilder by orders, has received a US$220 million gas carrier order in Kuwait, the company said Thursday. In the order placed by the Kuwait Oil Tanker Co. on Wednesday, Hyundai Heavy will build three very large gas carriers at its shipyard in [...]
SEOUL, Apr. 4 (Korea Bizwire) — A consortium of South Korean construction companies will start building an eco-friendly residential city in Kuwait in 2019, the infrastructure ministry said Monday. The builders’ consortium led by POSCO A&C and Hyundai Architects and Engineers Associates Co. plans to build the “smart city” which is environmentally friendly, well-organized and [...]
SEJONG, May 1 (Korea Bizwire) — The volume of South Korea’s energy imports inched up on-year in the first quarter of 2015, but its value dropped sharply due mainly to weak international crude oil prices, customs data showed Friday. According to the data by the Korea Customs Service (KCS), South Korea imported 78.24 million tons of [...]
SEOUL, Aug. 20 (Korea Bizwire) — GS Engineering & Construction said on August 18 that it won a US$584.5-million order to build a bridge in Kuwait. Commissioned by the Kuwaiti Ministry of Public Works, the project calls for building the 12.43-kilometer Doha Link bridge connecting Shuwaikh to the port village of Doha in the Jahra region of [...]