Samsung Engineering wins USD 680 mil EPCC contract from Shell for a gas plant in Malaysia

by with No Comment News

Samsung Engineering, one of the world’s leading Engineering, Procurement, Construction and Project Management (EPC&PM) companies announced, that it has received an Engineering, Procurement, Construction and Commissioning (EPCC) USD 680 mil contract from Sarawak Shell Berhad (SSB), for its OGP (Onshore Gas Plant for Rosmari Marjoram) project in Bintulu, Sarawak, Malaysia. The project will be executed in two phases; a limited scope prior to SSB obtaining its FID for the Rosmari Marjoram project; with all of the remaining scope to be executed after SSB obtains FID.

The OGP plant will have the capacity to process up to 800 million cubic feet of gas per day. Samsung Engineering will execute the OGP project on an EPCC (engineering, procurement, construction and commissioning) basis. The OGP project’s RFSU (Ready for Start-up) is expected to be accomplished by the end of 2025.

Samsung Engineering was able to receive this contract after competing and successfully emerging as the successful bidder from the dual Front End Engineering and Design (FEED).

Samsung Engineering has a proven track record in executing gas projects in Malaysia and is currently executing the Sarawak Methanol Project and developing the H2biscus Green Hydrogen/Ammonia project in Sarawak.

Sungan Choi, President and CEO of Samsung Engineering said, “Track record, regional expertise as well as sustainable investment in Sarawak, combined with our strategy to participate from FEED stage and rollover to execute a total solution in EPCC, proved to be the right strategy, so that Shell entrusted us with their OGP project in Sarawak. We’re gratified and honored to deliver a modern, sophisticated and premium Onshore Gas Plant for Shell in Sarawak”

Samsung Engineering is further looking into discovering new business opportunities by accumulating experience in the gas market and further will continue securing additional experiences in executing a FEED to EPC conversion projects. Additionally, Samsung Engineering will look to grow its future participation in additional FEED as well as EPC projects in Malaysia. Samsung Engineering is prepared to become a “Beyond EPC, Green Solution Provider” for a better future. 

Source: Samsung Engineering

Saudi-Aramco-2

Samsung Engineering wins $1.85bn Aramco gas storage contract

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Samsung Engineering signed a $1.85bn contract for the Aramco HUGRS (Hawiyah Unayzah Gas Reservoir Storage) project.

The project is located at Hawiyah, 260km east of Saudi Arabia’s capital Riyadh, and includes gas injection facility of 1,500 million standard cubic feet per day (MMSCFD); and a gas reprocessing facility of 2,000 MMSCFD. It is a project to introduce surplus sales gas into existing well during winter and reproduce gas to match the increase in demand in the summer, due to regional characteristics, it said.

Samsung Engineering will execute the whole engineering, procurement and construction (EPC) process and expects the Aramco HUGRS to be completed in 2023.

The scope of work includes gas injection facility with booster compressors and injection compressors, gas reproduction facility with reproduction compressors and slug catchers as well as utilities and offsite facilities, it said.

“Samsung Engineering is confident in the success of this project, based on its rich local experience in Saudi Arabia and its strong partnership with the client. Since its first entry into Saudi Arabia in 2003, Samsung Engineering has carried out more than 30 projects worth about $15 billion, half of which are Aramco projects,” it said.

Samsung Engineering’s President & CEO Sungan Choi stated: “Samsung Engineering is honoured to receive this contract and believes that our previous regional experience, engineering excellence and partnership with the client lead to this order. Continuing to provide safe and quality projects, Samsung Engineering will ensure that this project will leave a mark in Saudi Arabia and will lead to build on our position in the Middle East overall.”

Source:http://bit.ly/37S7ihd