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JGC Holdings received a Letter of Award for the Basrah Refinery Upgrading Project from South Refineries Co. The lump-sum contract is worth approximately 400 billion JPY ($3.75 billion) and includes installation of new refining units. Completion is expected in 2025.
“This project is positioned as spearheading the modernization and sophistication of Iraq's oil refining sector.”chemengonline.com
Summarized from public sources; check the original articles before acting on it.