SAMSUNG E&A awarded $215 million Contract in Qatar
SAMSUNG E&A, South Korea announced in a statement that it has signed a contract with Ras Laffan Petrochemicals(RLP) of Qatar for the Qatar RLP Ethylene Storage Plant.
SAMSUNG E&A plans to execute this project as a joint venture with CTCI of Taiwan.
The total contract amount of the project is about USD 418 million, with SAMSUNG E&A’s share being about USD 215 million, and the contract period is estimated to be 34 months.
The client, Ras Laffan Petrochemicals, is a joint venture between Qatar Energy, Qatar’s state-run energy company, and a subsidiary of Chevron Phillips Chemical Company LLC.
The project’s scope of work is to build ethylene storage facilities and utility infrastructure (U&O) at an industrial complex in Ras Laffan, 80 kilometers north of Doha, Qatar’s capital.
It is located within the same complex as the RLP ethylene project awarded to SAMSUNG E&A in 2023 and is currently under execution.
Its purpose is to store ethylene during the plant’s maintenance and repair periods, ensuring availability in case of an emergency. SAMSUNG E&A is responsible for the engineering, procurement, and construction (EPC) of key equipment, including 30,000 metric ton storage tanks, compressors, and pumps.
SAMSUNG E&A secured the project order for the ethylene storage facility, recognized for of its exceptional execution capabilities demonstrated during the delivery of the RLP ethylene project.