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What is HHI Secures $1.94B UAE Nasr Project Deal about?

Hyundai Heavy Industries signed a $1.94 billion contract with Abu Dhabi Marine Operating Company for the second phase of developing the Nasr oil field in the United Arab Emirates. Under the contract, Hyundai will provide engineering, procurement, construction, installation and commissioning work for gas and separation platforms and an accommodation platform. The work includes laying subsea cables and modifying existing infrastructure, with completion scheduled for the first half of 2019, which will increase

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