
Hyundai Heavy Industries, the world\'s largest shipbuilder, said Thursday it has clinched a $1.9-billion order to build offshore facilities for US multinational energy group Chevron. The shipyard said the floating oil production and storage facilities capable of producing 100,000 barrels of oil a day would be set up by 2017 in the North Sea Rosebank oil field in Britain. The order came two weeks after Hyundai Heavy won a $2.0-billion deal to build two offshore platforms for French energy giant Total. The deal with Chevron helped Hyundai Heavy clinch $5.1 billion in total orders for offshore facilities so far this year, or 85 percent of this year\'s target.
GMT 09:47 2018 Tuesday ,23 January
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Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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