Adnoc, ADQ joint venture awards $1.7 billion deal to Asian contracting heavyweight

The JV is building a sizeable methanol plant and a 1 million tpa low-carbon ammonia facility in UAE's Ruwais complex

Samsung E&A and Ta'ziz sign a $1.7 billion deal for the Ruwais methanol facility.
Samsung E&A and Ta'ziz sign a $1.7 billion deal for the Ruwais methanol facility.Photo: Samsung E&A
Published 3 February 2025, 05:50Updated 3 February 2025, 06:09
ADNOCTa'zizADQAbu DhabiUAE