26-05-2022
Samsung Engineering and Technip Energies JV for the Texas LNG project
Samsung Engineering and Technip Energies have received a Pre-FID (Final Investment Decision) Engineering contract for the Texas LNG project in Brownsville, Texas, USA. Samsung Engineering and Technip Energies, expect to form a joint venture after Pre-FID engineering, which, under the terms of the Pre-FID contract, will transition into a subsequent contract for the project design and delivery of Texas LNG, a four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal, to be constructed in the Port of Brownsville, Texas, and owned by Glenfarne Group, LLC, with Samsung Engineering also holding a minority equity interest in Texas LNG.
The Texas LNG project will utilize Technip Energies’ SnapLNG™ solution, which combines a compact modular design concept for mid-scale trains with standardized components and technology. As contractors in the EPC phase, Samsung Engineering and Technip Energies will be responsible for all facets of the liquefaction facility’s delivery including engineering, construction coordination, start-up, and commissioning, once Pre-FID Engineering has been completed. The SnapLNG™ solution has been developed in collaboration with Air Products, and the solution brings benefits such as faster speed to market, greater certainty around both costs and schedule, and is the best available process technology, refrigerant compression and digitalization. As a result, this solution offers lower emissions and is particularly suited for low-to-zero carbon footprint LNG and phased developments.
Samsung Engineering has already completed the Conceptual Study, Pre-Front End Engineering Design (“Pre-FEED”) and the Federal Energy Regulatory Commission (FERC) approved FEED for the Texas LNG project. The Texas LNG project design concept envisions using proven technology and standardized components in a controlled shipyard environment to reduce overall project costs, reduce complex onshore civil construction works, minimize local onsite environmental impacts, and minimize commissioning costs during permanent installation.
Cheonhong Park, Executive Vice President and Head of the Solution Business Division of Samsung Engineering states: “Receiving the Pre-FID Engineering contract from Glenfarne, after we have successfully completed Pre-FEED and FEED, is yet another major milestone for us with the Texas LNG project. Our team is excited to combine resources with our partners to be able to deliver excellence for the Texas LNG project and its customers in the future.”
Samsung Engineering is looking into discovering new business opportunities by accumulating experience in the eco-friendly LNG market and further will continue securing additional experiences in executing a FEED to EPC conversion project. Additionally, Samsung Engineering will look to grow its future participation in additional large-scale LNG liquefaction EPC projects.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024