Hyundai Engineering & Construction won a 4 trillion won order to build a super large seawater plant
Sep 16, 2025
Hyundai Engineering & Construction signed a contract for a water infrastructure project (WIP) worth about $3 billion at the Iraqi Prime Minister's Office in Baghdad, Iraq, on the 14th (local time).
The signing ceremony was attended by key officials, including Iraqi Prime Minister Mohammed Shia'Al-Sudani, Iraqi Oil Minister Hayan Abdul Ghani, Qatar's Energy Minister Saad Sherida Al Kaabi, TotalEnergies CEO Patrick Pouyanne, and Hyundai Construction Plant Business Director Ryu Sung-an, and was part of an integrated gas development project in Iraq.
Hyundai Engineering & Construction's WIP project is to build a seawater treatment plant capable of producing 5 million barrels of water per day near the Khor Al-Zubair Port, about 500 kilometers southeast of Baghdad, the capital of Iraq. Water produced here is used to increase crude oil production in Iraq's representative oil fields such as West Kurna, located in southern Basra, Iraq, and Lumaila, in southern Iraq.
The project is jointly invested by French energy company TotalEnergies, the Basrah Oil Company under the Iraqi Ministry of Petroleum, and Qatar Energy, a state-run oil company in Qatar, and the construction period is 49 months after the start of construction.
Iraq, which has the world's fifth-largest oil reserves, relies on crude oil exports for more than 90% of the country's imports. WIP is one of Iraq's major policy projects to increase crude oil production to 8 million barrels per day by 2030, and the completion of the project is expected to contribute significantly to increasing crude oil production in Iraq as well as expanding the country's finances.
Since Hyundai E&C entered Iraq in 1978, starting with the first phase of the Basra sewage system, it has built about 40 major national facilities worth $9 billion, including the construction of the Al Musaib thermal power plant, the Northern Railway, Baghdad Medical City, and the Karbala refinery. In particular, WIP boasts the largest scale since the Iraqi Karbala refinery (total project cost of $6.04 billion), which Hyundai Engineering & Construction completed in 2023.
A Hyundai Engineering & Construction official said, "Despite uncertainties such as war and corona, this order was mainly attributed to the strong confidence in Hyundai Engineering & Construction, which contributed to economic growth by responsibly carrying out major national projects in Iraq for a long time."We will do our best to gain an advantage in the competition for orders in various fields such as oil refineries, power facilities, and housing, which are expected to continue to be ordered in Iraq in the future."
Meanwhile, Hyundai Engineering & Construction recently ranked 10th in the world with overseas sales of about $98.5 billion in The Top 250 International Contractors (INR), a U.S. construction engineering magazine. The figure is up two notches year-on-year, the highest ranking ever since Hyundai Motor Group was incorporated and the highest ranking by a domestic construction company. By region, Hyundai Engineering & Construction was recognized again for its global competitiveness by ranking in the top 10 in the U.S. (5th), the Middle East (6th), Asia (8th), Latin America (10th), industrial facilities (1st), and petrochemical (9th).
Like the WIP project, Hyundai E&C plans to continue its mega-projects such as crude oil development, petrochemicals, and industrial facilities in the Middle East, which has traditional superiority in orders, while strengthening cooperation with global energy companies such as TotalEnergies of France, ExxonMobil of the U.S., and Royal Dutch Shell of Europe, to further solidify its influence in the overseas energy market.
The signing ceremony was attended by key officials, including Iraqi Prime Minister Mohammed Shia'Al-Sudani, Iraqi Oil Minister Hayan Abdul Ghani, Qatar's Energy Minister Saad Sherida Al Kaabi, TotalEnergies CEO Patrick Pouyanne, and Hyundai Construction Plant Business Director Ryu Sung-an, and was part of an integrated gas development project in Iraq.
Hyundai Engineering & Construction's WIP project is to build a seawater treatment plant capable of producing 5 million barrels of water per day near the Khor Al-Zubair Port, about 500 kilometers southeast of Baghdad, the capital of Iraq. Water produced here is used to increase crude oil production in Iraq's representative oil fields such as West Kurna, located in southern Basra, Iraq, and Lumaila, in southern Iraq.
The project is jointly invested by French energy company TotalEnergies, the Basrah Oil Company under the Iraqi Ministry of Petroleum, and Qatar Energy, a state-run oil company in Qatar, and the construction period is 49 months after the start of construction.
Iraq, which has the world's fifth-largest oil reserves, relies on crude oil exports for more than 90% of the country's imports. WIP is one of Iraq's major policy projects to increase crude oil production to 8 million barrels per day by 2030, and the completion of the project is expected to contribute significantly to increasing crude oil production in Iraq as well as expanding the country's finances.
Since Hyundai E&C entered Iraq in 1978, starting with the first phase of the Basra sewage system, it has built about 40 major national facilities worth $9 billion, including the construction of the Al Musaib thermal power plant, the Northern Railway, Baghdad Medical City, and the Karbala refinery. In particular, WIP boasts the largest scale since the Iraqi Karbala refinery (total project cost of $6.04 billion), which Hyundai Engineering & Construction completed in 2023.
A Hyundai Engineering & Construction official said, "Despite uncertainties such as war and corona, this order was mainly attributed to the strong confidence in Hyundai Engineering & Construction, which contributed to economic growth by responsibly carrying out major national projects in Iraq for a long time."We will do our best to gain an advantage in the competition for orders in various fields such as oil refineries, power facilities, and housing, which are expected to continue to be ordered in Iraq in the future."
Meanwhile, Hyundai Engineering & Construction recently ranked 10th in the world with overseas sales of about $98.5 billion in The Top 250 International Contractors (INR), a U.S. construction engineering magazine. The figure is up two notches year-on-year, the highest ranking ever since Hyundai Motor Group was incorporated and the highest ranking by a domestic construction company. By region, Hyundai Engineering & Construction was recognized again for its global competitiveness by ranking in the top 10 in the U.S. (5th), the Middle East (6th), Asia (8th), Latin America (10th), industrial facilities (1st), and petrochemical (9th).
Like the WIP project, Hyundai E&C plans to continue its mega-projects such as crude oil development, petrochemicals, and industrial facilities in the Middle East, which has traditional superiority in orders, while strengthening cooperation with global energy companies such as TotalEnergies of France, ExxonMobil of the U.S., and Royal Dutch Shell of Europe, to further solidify its influence in the overseas energy market.
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This article was translated by Naver AI translator.
