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Doosan Vina and Samsung Engineering Co.,Ltd signed a Framework Agreement.

After reviewing Doosan Vina and several other possible suppliers, Samsung Engineering Co., Ltd (SECL) selected Doosan Vina for a major project. For a year and a half, SECL examined Doosan Vina to see if the company could meet their expectations and all international standards and practices. On May 5th, 2018, the two parties signed a Memorandum of Understanding (MOU), which was followed by a Framework Agreement in June 2018.

Park Hong Ook, CEO & General Director of Doosan Vina (left) and Jong Jin Lee, Executive Vice President of Samsung Engineering (right) sign the Framework Agreement

Under the Framework Agreement, Doosan Vina received the first $13 million order under this contract on October 12th, 2018.  The order is for the design, fabrication, assembly, testing, and inspection of refinery equipment for the Crude Flexibility Project (CFP) in Ruwais in the United Arab Emirates for the Abu Dhabi National Oil Company.   Delivery is scheduled in early 2020.

Representatives of Samsung Engineering and Doosan Vina at the ceremony

 SECSECL was founded as the first engineering firm in Korea in 1970 and has its headquarters in Seoul, South Korea.  SECL provides Engineering, Procurement and Construction (EPC) for a full range of engineering services including feasibility studies, design, procurement, construction, and commissioning.

By T.Giang

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