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Samsung Eng. wins plant design deal from Texas LNG


Link [2022-05-27 08:57:55]



A rendering of Texas LNG’s liquefaction plant at its complex at the Port of Brownsville (Courtesy of Texas LNG) South Korea’s Samsung Engineering Co. won a deal to design a liquefied natural gas plant in Texas, taking a step forward to secure a turnkey contract for the project.Samsung said on Thursday it has signed a Pre-FID Engineering deal with Texas LNG Brownsville LLC on the construction of an LNG liquefaction plant with an annual production capacity of 4 million tons for exports. Samsung declined to provide the deal’s value, citing “the client’s circumstances.”“We will successfully complete the design works to win a related EPC deal,” said a Samsung official, referring to an engineering, procurement and construction contract. The South Korean company has a minority stake in Texas LNG, owned by US Glenfarne Group, LLC.Samsung has been joining the project since the early stage, completing a basic process design, as well as a front-end engineering design (FEED) for approval from the US Federal Energy Regulatory Commission.Under the latest deal, the engineering company is set to upgrade the existing FEED and calculate EPC budgets.JV WITH TECHNIP ENERGIESSamsung is scheduled to conduct the works in 11 months along with Technip Energies USA, Inc., according to Samsung. Technip is a major technology and global engineering, procurement, construction and project management company that has delivered more than 20 percent of worldwide operating LNG capacity.Texas LNG said it has executed the agreement with Samsung and Technip to lead the delivery of the facility via a joint venture.Under a project financeable structure, the two companies will be responsible for all facets of the liquefaction facility’s delivery including engineering, construction coordination, start-up, and commissioning, Texas LNG said in a statement.Texas LNG expects to achieve a final investment decision in 2022 and commence commercial operations in 2026. It is located in South Texas on the Port of Brownsville’s deepwater ship channel with pipeline access to the vast Permian and Eagle Ford gas basins.By Kyung-Min Kangkkm1026@hankyung.comJongwoo Cheon edited this article.



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