Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Kuwait awards work to Samsung Engineering for clean fuel project

04.18.2014  | 

Samsung Engineering will be responsible for engineering, procurement, construction and pre-commissioning on a lump-sum turnkey basis for the Mina Abdullah #1 refinery package.

Keywords:

Samsung Engineering has entered Kuwait with the KNPC clean fuels project (CFP) worth $3.8 billion, the company announced on Friday.

The deal was signed the contract at the official signing ceremony with Kuwait National Petroleum Company (KNPC). The signing ceremony was attended by Samsung Engineering CEO Park Choong-Heum and Kuwait’s Minister of Oil, Mr. Ali Saleh Al-Omair.

Samsung Engineering will be responsible for engineering, procurement, construction and pre-commissioning on a lump-sum turnkey basis for the Mina Abdullah #1 refinery package located in the Mina Abdullah province, approximately 30 miles southeast of Kuwait City.

The entire package will be executed by a joint venture of Samsung Engineering (42.9%), UK’s Petrofac (46.9%) and CB&I Netherland (10.2%). Samsung Engineering’s contract amount is worth $1.62 billion.

The project is expected to reach its completion in 2018. The entire refinery development of Kuwait’s clean fuels project will increase its capacity to 800,000 bpd.

“It fills me with great pride and pleasure that we take part in such a momentous and historic project of Kuwait," said Choong-Heum. "Rest assured that Samsung Engineering will use its expertise so that we may fully contribute to Kuwait’s sustainability and economic growth. With our commitment to safety, we will make sure to deliver the project successfully and we hope to create a lasting business relationship with KNPC."



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Rajesh katre
07.14.2015

I want to insulation job post of formen

Sr. HSE Supervisor, Muhammed Shahar,UAE
06.11.2014

It is a big deal with KNPC, and a very good chance to prove the project quality of Samsung Engineering - Petrofac & CBI team work.

Sr. HSE SupervisorMuhammed Shahar,UAE
06.11.2014

It is a big deal with KNPC, and a very good chance to prove the project quality of Samsung Engineering - Petrofac & CBI team work.

sunkanmi Jimoh
04.21.2014

This is a big boost to the world refinery business environment to create future growth and expansion.
Engr. Jimoh

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?


11%

68%

22%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Hydrocarbon Processing. © 2015 Gulf Publishing Company.