Hyundai Heavy sells oil business to Saudi Aramco
Hyundai Heavy Industries, which is on its way to acquiring the other South Korean yard Daewoo, sells its oil business to Saudi Aramco for more than USD 1 billion.
By Daniel Logan berg-Munch, ShippingWatch
South Korean shipyard Hyundai Heavy Industries is selling its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco.
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