- Published 2026.11.04 20:24
Signs supply deal with India's Cryogenic OGS for air eliminators
Delivery in 2027 to CSSP plant boosting oil recovery at southern Iraq fields
Hyundai Engineering & Construction is accelerating work on a massive seawater treatment plant project in Iraq, placing orders for key equipment with an Indian specialty manufacturer as it moves into full-scale construction.
According to a disclosure on Nov. 4 by Cryogenic OGS, an Indian specialty equipment maker, the company recently won a contract from Hyundai E&C to supply air eliminators for the Iraq Common Seawater Supply Project (CSSP).
The contract is valued at $35,700 (about 49 million won) excluding value-added tax. It includes flame arresters and commissioning spare parts, with delivery due by June 30, 2027. The equipment will be designed, manufactured and tested to the U Stamp certification standard of the American Society of Mechanical Engineers (ASME), the international pressure vessel standard, and delivered on a free on board (FOB) basis.
The CSSP, where the newly ordered equipment will be installed, is a large national project to build a seawater treatment plant with a capacity of 5 million barrels per day near Khor Al Zubair in Basra province, southern Iraq. It aims to inject treated seawater into major southern oil fields such as Rumaila and Zubair to boost crude recovery rates and ease shortages of agricultural and residential water in the region.
Hyundai E&C received a letter of intent in 2019 from Iraq's Basra Oil Co. for the engineering, procurement and construction contract worth about $2.45 billion (about 3.38 trillion won). Approval procedures within the Iraqi government dragged on, but the project gained momentum after the Iraqi cabinet finally ratified the contract in August 2025.
Cryogenic OGS, listed on the Bombay Stock Exchange, was founded in 1997 and has produced metering and filtration equipment for the petrochemical and gas sectors. In its disclosure, the company said the order value is small but it has secured a track record of supplying internationally certified equipment through Hyundai E&C, a global EPC player.
※ This article is an AI translation of the Korean original published by Korea Credit News; it was checked by automated quality guards and published by the English edition desk.
