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Samsung Engineering awarded gas development contract in Algeria

2:05 AM MST | February 17, 2014 | Natasha Alperowicz

Samsung Engineering has signed a contract with Groupement Timimoun (GTIM), a joint venture between Sonatrach (Algiers) Total and Cepsa (Madrid) covering the Timimoun field development project worth $800 million, the company announced today. The signing ceremony was held in Algiers with the attendance of Samsung Engineering’s president & CEO Park Choong-Heum and Sonatrach’s president & CEO Abdelhamid Zerguine.   The Timimoun field development project is located 800 km southwest of Algiers. Samsung Engineering is responsible for...

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