Samsung Merger to Inject $10 Billion into Hydrocarbons, Power in Middle East-North Africa

JOHANNESBURG--October 30, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Samsung Heavy Industries (KSE:010140) (SHI) (Seoul, South Korea) and Samsung Engineering (KSE:028050) (SE) (Seoul), currently two separate companies, will finalize a merger by December 1 this year. Between 2014 and 2015, they plant to bid for hydrocarbon and power projects worth more than $10 billion in the region.

Within this article: Impact of the Samsung heavy Industries and Engineering merger on the Middle East--North Africa region.