Thursday, 20 June 2013

Patrick+Raleigh Comment

What legacy did Thatcher leave behind?

Patrick Raleigh, Editor

Samsung for $2,5bn carbon/coker unit in UAE

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Samsung TAKREER UAE

Seoul, Korea - Samsung Engineering has received a letter of award for a carbon black and delayed coker unit (CBDC) from TAKREER (Abu Dhabi Oil Refining Co).

The $2.48-billion deal is Samsung Engineering’s eighth order in five years from ADNOC, the national oil company of UAE and the parent company of TAKREER.

The CBDC units will be located in the refining complex in Ruwais, west of Abu Dhabi, with a capacity of 40,000 tons of carbon black per year and 30,000 barrels of crude oil a day.

Samsung Engineering will be providing project management services for the engineering, procurement, construction, commissioning processes on a lump-sum turnkey basis and is scheduled for completion by December 2015.

In 2009, ADNOC awarded the Korean company the Ruwais Refinery Utilities & Offsites package, worth $2.73 billion, and responsibility to oversee all packages of the $10-billion Ruwais Refinery Expansion as the official interface manager.

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