Hyundai E&C wins $2.9B contract for Iraq seawater treatment plant

Hyundai Engineering & Construction secured a 4 trillion won ($2.9 billion) contract to build a large-scale seawater treatment facility near Khor Al-Zubair Port, Iraq, with a daily capacity of 5 million barrels. The project is jointly financed by TotalEnergies, Basrah Oil Company and Qatar Energy.

“Despite uncertainties such as war and the COVID-19 pandemic, a key factor was trust in our company, which has responsibly carried out major national projects in Iraq for a long time, contributing to the country's economic growth.”koreaherald.com

• 4 sources
• koreaherald.comHyundai E&C wins W4tr deal for Iraq seawater treatment plant - The Korea HeraldHa Neul-bitSep 15, 2025
• upi.comHyundai E&C wins $3 billion seawater treatment plant order from Iraq - UPI.comTae-gyu KimSep 16, 2025
• businesskorea.co.krHyundai E&C Wins $3.16 Billion Iraqi Seawater Plant Contract - BusinesskoreaJung Suk-yeeSep 16, 2025
• eawater.comHyundai E&C Secures $3.16B Iraq Seawater Treatment ProjecteawaterNov 27, 2025

Summarized from public sources; check the original articles before acting on it.