Hyundai Engineering & Construction (KRX:000720) signed an order with integrated energy firm TotalEnergies EP Ratawi Hub to build a seawater treatment facility in the Basra region of Iraq.
The contract, valued at 4.390 trillion won, is valid from Nov. 30, 2025, to Dec. 30, 2029. This contract is a sub-project of the Common Seawater Supply project, according to a Monday filing with the Korea Exchange.
The construction period and contract amount may change, depending on the terms and conditions mentioned in the construction deal.