Hyundai Engineering & Construction Signs Construction Order with France's TotalEnergies EP Ratawi Hub

MT Newswires Live

Sep 15

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.

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