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World News and Views :: Top of the News
Samsung consortium to build Kuwait's Clean Fuel Project
10:30 AM MST | February 12, 2014 | Natasha Alperowicz
Samsung Engineering announced today that it has received an award notification from Kuwait National Petroleum Co. for a $3.8-billion Mina Abdullah I refinery clean fuels project (CFP) to be built by a consortium of engineering companies. Samsung’s share of the contract will be 43%, Petrofac’s 47%, and CB&I Netherland’s 10%. Samsung Engineering will be responsible for engineering, procurement, construction, and precommissioning on a lump-sum turnkey basis. The facility will be located in the Mina Abdullah Province, Kuwait...
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