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  • Samsung Engineering to build Kuwait Clean Fuels Project
    édité le 13/02/2014 - Plus de news de "Samsung E&A" - Voir la fiche entreprise de "Samsung E&A"

Samsung Engineering to build Kuwait Clean Fuels Project
Samsung Engineering Co., Ltd. announced on Wednesday that it had received an Award Notification for a $3.8 billion USD Mina Abdullah I refinery of Clean Fuels Project (CFP) from Kuwait National Petroleum Company (KNPC).

The Mina Abdullah I refinery package will be executed by a joint venture of Samsung Engineering(43%), UK’s Petrofac(47%) and CB&I Netherland B.V.(10%). Samsung Engineering will be responsible for engineering, procurement, construction and pre-commissioning on a lump-sum turnkey basis. The facility will be located in the Mina Abdullah province, about 30miles southeast of Kuwait City.

Total $12 billion USD worth CFP project includes the Mina Abdullah I&II and Mina al-Ahmadi refineries. US and Japanese-led consortiums were approved to build Mina Abdullah II and Mina al-Ahmadi packages, respectively. The entire refinery development project will increase its capacity to 800,000 barrels per stream day (BPSD) from the current 736,000 BPSD.

Samsung Engineering’s CEO Park Choong-Heum expressed, “We are determined to show our expertise by executing this project successfully and we are pleased to take part in the national project, thereby contributing to Kuwait’s economy.”

About Petrofac

Petrofac is an oilfield service company.
For the last 32 years we have been building our capability, increasing the scale and scope of our service offering. Today, Petrofac can provide services to customers across the entire spectrum of the oil and gas asset life cycle, on either a stand-alone or integrated basis, under flexible commercial models which are tailored to a customer’s needs.

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. Drawing upon more than a century of experience and the expertise of approximately 50,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality.

About Samsung Engineering

Founded in 1970, Samsung Engineering has grown from a modest domestic engineering firm to a globally recognized name in the EPC market. Attracting talent from around the world, Samsung Engineering has broadened its business portfolio to a full range of engineering services: upstream and downstream hydrocarbon facilities; power plants; water and waste treatment plants; and industrial production facilities.

See the site of Mina Abdulla (MAB1) refinery

Origine : Communiqué Samsung E&A

Voir la fiche entreprise de "Samsung E&A"

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