Samsung Engineering won a US$470 million waste heat recovery facility project from the United Arab Emirates (UAE).
On March 6, Samsung Engineering received an LOA on a US$470 million waste heat recovery project (WHRP) from the ADNOC Refining, a subsidiary of the UAE state oil company ADNOC, the company said on March 7.
The facility, which will be built within the Ruwais Industrial Complex, about 230 km west of Abu Dhabi, the capital of the UAE, will produce 230 megawatts of electric power and produce 2600 cubic meters of fresh water per hour using existing waste heat. Samsung plans to complete the entire EPC (design, purchase, and construction) process in a lump-sum turn-key manner in 2023.
Through this deal, Samsung Engineering proved that the company war receiving strong trust from ADNOC Refining following its CFP project earlier this year. In addition, Samsung is planning to fully utilize its experience and technology to successfully complete the project. Especially, it is expected that Samsung Engineering will able to fully utilize existing experienced human resources, equipment, temporarily built facilities and a network of partners by linking the project with other projects at the industrial complex such as the CBDC, RRE and CFP Refinery projects.