Samsung Heavy expected to win up to $50 bln order from Royal Dutch Shell

SEOUL, July 29 (Yonhap) -- Samsung Heavy Industries Co., the world's
second-biggest shipbuilder, said Wednesday it has signed an agreement with Royal
Dutch Shell Plc to construct liquefied natural gas facilities over 15 years.

Under the agreement, Samsung Heavy and Technip SA, a French oil and gas producer,
will design, construct and install multiple floating liquefied natural gas
facilities.
Royal Dutch Shell is expected to place orders for 10 so-called floating
production storage and offloading (FPSO) facilities at a total value of $50
billion.
sam@yna.co.kr
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