S-Oil

Mogas Industries was awarded a multimillion-dollar contract to supply more than ninety severe service valves and actuation packages for S-Oil's Shaheen project in South Korea, the first commercial TC2C plant.

MOGAS Industries was awarded a multimillion-dollar contract for S-Oil's Shaheen project in South Korea, the first commercial TC2C technology plant, supplying more than ninety severe service valves and actuation packages.

Aramco signed nine MoUs with Korean companies KEPCO, S-Oil, POSCO, Hyundai Oilbank, H2Korea and LOTTE Fine Chemical to explore hydrogen and ammonia supply, transport, utilization and back-cracking, as a first step toward a possible large-scale facility in Saudi Arabia.

Baker Hughes supplied more than 2,000 valves for S-Oil's Residue Upgrading Complex and Olefin Downstream Complex, which reached mechanical completion. The projects are valued at over $4.4 billion.