SAMSUNG E&A, a total solutions provider for the global energy industry, has signed a contract with Ras Laffan Petrochemicals (RLP) for the Qatar RLP Ethylene Storage Plant.
SAMSUNG E&A plans to execute the Qatar RLP Ethylene Storage Plant project as a joint venture with CTCI of Taiwan. The total contract amount of the project is about $418 million, with SAMSUNG E&A’s share being about $215 million, and the contract period is estimated to be 34 months.
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 aims to build ethylene storage facilities and utility infrastructure (U&O) at an industrial complex in Ras Laffan, 80 kilometers north of Doha. It is located within the same complex as the RLP ethylene project awarded to SAMSUNG E&A in 2023 and is currently under execution.
Hong Namkoong President and CEO, SAMSUNG E&A
“As we have secured a linked order with Ras Laffan Petrochemicals, we will successfully carry out the project based on our performance experience and innovation strategy and strengthen our position in the Qatari market.”
The plant will 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, which was recognized for its exceptional execution capabilities demonstrated during the delivery of the RLP ethylene project.
Expected to maximize efficiency by utilizing on-site human and material resources and successfully carrying out the project based on trust with the client and partnership with CTCI of Taiwan.
