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Samsung Engineering Co., Ltd, has met with Pemex Transformacion Industrial, the newly created fuel processing subsidiary of Mexican state-owned oil firm PEMEX (Petroleos Mexicanos), to officially sign the $ 552 million USD contract for the second phase of a ULSD (Ultra Low Sulfur Diesel) project at the Antonio M. Amor Refinery in Salamanca, Guanajuato State, Mexico.

Emilio Lozoya Austin the General Director of PEMEX and Samsung Engineering Mexico’s Managing Director celebrated the contract award in an official ceremony at the PEMEX offices in Mexico City, Mexico.

The project site is located 250 km northwest of the capital Mexico City and Samsung Engineering will be responsible for the engineering, procurement, construction and commissioning. The refinery plant scope includes a new HDS (Hydro Desulfurization) unit with a capacity of 38,000 bpsd, a SWS (Sour Water Stripper) unit with a capacity of 5,000 bpsd and the revamping of three existing HDS units, with a total capacity of 53,000 bpsd. The Salamanca ULSD project is expected to be completed in the third quarter of 2018.

Samsung Engineering had signed the first phase of the two-phased project in 2014. This Phase II award is the consequence of completing Phase I to the client’s full satisfaction, which was executed on an OBCE (Open Book Cost Estimation) basis, including detail engineering and procurement of long-lead items.

Choong Heum Park, President and CEO of Samsung Engineering, stated, “We have successfully delivered several projects for PEMEX in the past. This contract award is not only a result from our unmatched project execution capabilities and proven experience in the Mexican market but also from the mutual trust we built with the client over many years. Samsung Engineering hopes to continue strengthening a long-term partnership with PEMEX.”

The Salamanca ULSD project is the fourth refinery contract awarded to Samsung Engineering by PEMEX, having already completed projects at the Tula Refinery, the Minatitlan Refinery and a Naphtha HDS (Hydro Desulfurization) project at the same Salamanca Refinery.

Tag(s) : #Contract Awards News
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