Watch: This Is Why Biden’s $2 Trillion Infrastructure Plan Will Fail
In the United States, we have a problem that’s so BIG and obvious that even Elon Musk can’t see it. Our highways are broken, our streets are clogged with traffic,...
SEOUL, June 13 (Reuters) – Samsung Heavy Industries Co Ltd said on Thursday its unit, Samsung Heavy Industries Nigeria, won a $3 billion order from an unnamed major oil company to build a floating production, storage and offloading vessel.
Out of the $3 billion order, Samsung Heavy Industries Co will build the hull and some upper parts of the vessel worth 1.955 trillion won ($1.72 billion), the South Korean shipbuilder said in a regulatory filing. The remainder will go to the Nigerian unit.
The vessel will have a storage capacity of 2.3 million barrels, the shipbuilder added. The contract is set to expire by June 2016.
($1 = 1133.6250 Korean won) (Reporting by Joyce Lee; Editing by Matt Driskill)
(c) 2013 Thomson Reuters, Click For Restrictions
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