Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, announced, that it signed about 3.7 billion USD contract for the Sonatrach Hassi Messaoud (HMD) refinery project in Algeria at an official signing ceremony. The project was awarded with Técnicas Reunidas(TR) of Spain as joint venture partner and is located at Hassi Messaoud, 600km southeast from the Algeria’s capital Algiers. The signing ceremony was attended by Kamel Eddine Chikhi, Sonatrach President & CEO, Juan Lladó Arburúa TR Vice Chairman & CEO and Sungan Choi, Samsung Engineering President & CEO.
The refinery plant will process 110,000 barrels of crude oil per day and will be executed on an Engineering, Procurement, Construction and Commissioning (EPCC) lump-sum turn-Key basis for approximately 52 months.
The scope of work includes Process & Utility Unit, Crude Distillation Unit (CDU)/ Vacuum Distillation Unit (VDU), Continuous Catalytic reforming (CCR) Unit, Isomerization, Naphtha Hydro-treating(NHT) Unit, Hydrodesulfurization(HDS) Unit, Hydrocracker Unit (HCU) as well as Utility Systems.
Sonatrach roadmap is to invest heavily in petrochemicals as well as in oil and gas development, which will give Samsung Engineering the opportunity to be part of Sonatrach’s value chain from the very beginning of the process.
Samsung Engineering is confident that the HMD refinery project will be completed with excellence, since refinery is one of the company's flagship products. Samsung has successfully completed many refinery projects globally in the UAE, Saudi Arabia, Bahrain, Kuwait and Algeria with excellent experience and superior technology.
In addition, Samsung Engineering will execute the HMD refinery project with TR as JV partner, who is also cooperating in other on-going project. The mutual familiarity with TR reduces risk and maximizes synergy for the HMD refinery project.
Samsung Engineering’s President & CEO Sungan Choi stated:” Samsung Engineering is honored to be trusted again by Sonatrach as contractor. Our expertise in refinery projects and know-how of the region, will secure a state of the art refinery for Algeria.”
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.
About Técnicas Reunidas
Técnicas Reunidas is one of the main international engineering and construction companies in the sectors of production of oil and gas, petrochemical and power generation for a wide range of clients worldwide. Since 1960 it has designed and built over 1000 industrial plants in over 50 countries.