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Engineering, procurement, construction & management of crude oil refineries.

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Message: This is interesting...

This is interesting...

posted on May 13, 2008 09:49AM

From a previous NR..

Winfield Resources Limited: Letter of Interest

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2007) - WINFIELD RESOURCES LIMITED (TSX VENTURE:WWF) (the "Company") is pleased to announce that it has have received a non-binding Letter of Interest from SK Engineering & Construction, of Seoul, South Korea, to participate in the Company's proposed new refinery projects in Libya and Tunisia; as previously announced in News Releases dated July 4 & 17, 2007; on an exclusive engineering, procuring and construction basis.

Upon the acceptance of the Company's proposals to build, own and operate oil refineries by the responsible Authorities in Libya and Tunisia, the Company and SK Engineering & Construction will negotiate the terms of definitive agreements.

SK Engineering & Constructions is a leading Engineering, Procurement and Construction corporation within the oil and gas sector.

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And yesterday's NR on downstream...

Korean, Japanese Firms Win Contracts for Kuwaiti Refinery
by AFX News Limited
Monday, May 12, 2008
Four South Korean and a Japanese firm were on Sunday declared winners of four major contracts worth billions of dollars to build a new refinery in Kuwait, an oil official said.

The total value of the bids made by the companies was around $8.3 billion, Mohammad al-Ajmi, spokesman for national refiner Kuwait National Petroleum Company (KNPC), told AFP.

One contract for the main manufacturing units was awarded to a consortium of Japanese JGC Corp and South Korea's GS Engineering and Construction Corp for $4 billion, he said.

SK Engineering and Construction Co of Korea was awarded the subsidiary units for 2.06 billion dollars, while Daelem Industries, another South Korean firm, won a contract of tanks for $1.184 billion.
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