Shaw Group Heads Consortium to Provide FEED, Equipment and Services for Hyundai Oilbank's Refinery Expansion

BANGALORE, INDIA--July 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Hyundai Oilbank Company Limited (HOCL) (Seoul, South Korea) has selected the Energy and Chemicals Group of Shaw Group Incorporated (NYSE: SGR) (Baton Rouge, Louisiana) to head a consortium that will provide front-end engineering design (FEED), project management services and supply of equipment for a major expansion of HOCL's refinery complex at Daesan, South Korea. Shaw will partner with Hyundai Engineering Company Limited, also a part of the consortium, to undertake FEED for the integration of 15 processing units.