Article: BUSINESS IN ASIA TODAY - SEPT 26, 2006.

Business in Asia on Sept 26, 2006. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

HYUNDAI HEAVY WINS US$1.6 BLN ORDER FOR OFFSHORE PLATFORM

SEOUL - Hyundai Heavy industries Co. (KSE:009540), the world's biggest shipyard, has clinched a US$1.6 billion order for an offshore platform project in the United Arab Emirates (UAE), the largest single order in the industry. Hyundai Heavy and the UAE's state-run oil and gas firm, Abu Dhabi Marine Operating Co., signed a letter of award for the project on Sept. 24, and the formal contract will be sealed ...

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