Hyundai Engineering Co., the construction unit under South Korea’s Hyundai Motor Group, won a 290 billion won ($273.
Korean steel maker Hyundai Steel issued the final acceptance certificates (FACs) for two long rolling mills supplied by Primetals Technologies to the Dangjin special steel production facility.
Subsea 7 has signed a contract to build a new Dive Support Vessel (DSV). The state-of-the-art vessel will be built by Korean company Hyundai Heavy Industries (HHI). With accommodation for 110 people, the DSV will incorporate an 18 man saturation system supplied by Drass and rated for 300 meters with two moon-pool deployed three man diving bells and two 18-man hyperbaric life-boats.
HHI has won an order for sub-sea pipelines worth USD 120 million from SINOPEC (China Petroleum & Chemical Corp.) on a turn-key basis.