Samsung Engineering

Samsung Engineering was one of the multiple Korean contractors to secure a share in the much sought after Clean Fuels Project in Kuwait. The company struck a $3.8bn joint venture deal, in which it holds a 43% stake, with UK’s Petrofac and CB&I’s Dutch subsidiary owing 47% and 10% respectively. Samsung will be responsible for the engineering, procurement, construction and pre-commissioning of the Mina Abdullah I refinery package, part of KNPC’s $12bn initiative to upgrade its refineries to produce cleaner and lower grade fuels for domestic consumption and export. At the end of 2015, Samsung built the utilities and offsites at the Ruwais expansion project, which added an extra 417,000 bpd of distillation capacity to Takreer’s complex, more than doubling the unit’s size.