Samsung Engineering Wins Design Contract for US LNG Liquefaction Plant

[Asia Economy Reporter Kim Jin-ho] Samsung Engineering has secured a contract for LNG liquefaction plant design work in the United States.

Samsung Engineering announced on the 26th that it has signed a contract with Texas LNG Brownsville in the United States for the "Texas LNG Project Pre-FID Engineering (Pre-Final Investment Decision design)" work. Samsung Engineering plans to carry out this work jointly with Technip Energies over 11 months.

This project, to be constructed in the Brownsville area located in southern Texas, will receive gas from the existing gas pipeline in Texas, liquefy it, and export 4 million tons of LNG annually. The plant consists of LNG liquefaction facilities and utility facilities.

Samsung Engineering has participated from the early stages of the project, having performed PRE-FEED (conceptual design) and FEED (front-end engineering design) for approval by the U.S. Federal Energy Regulatory Commission. Through this contract, it will perform EPC (engineering, procurement, and construction) budget estimation work. The project is expected to transition to EPC next year after the FID (final investment decision) is completed.

Samsung Engineering stated that its FEED execution capability based on design technology and extensive experience in chemical plants were key factors behind winning the contract. It also explained that the strong partnership built with its collaborator, the global EPC company Technip Energies, greatly contributed to securing this order.

Meanwhile, as ESG (environment, social, and governance) has recently gained attention as a global trend, LNG is being recognized as an eco-friendly fuel for carbon reduction. Along with the increasing demand, plant orders are expected to rise, and the company plans to actively participate in upcoming new LNG projects by leveraging this experience.

A Samsung Engineering official said, "With differentiated design technology, we have achieved consecutive successes from the early stages of this project," adding, "We plan to successfully carry out this design work, lead EPC-linked orders, and accelerate our entry into the LNG plant market."