Samsung Engineering has signed an additional contract in the Mexican oil refinery project. It announced on June 28 that the company has signed an additional contract for the Pile construction of the Dos Bocas Oil Refinery Project in Mexico.
The deal is for the construction of about 6,000 remaining files following the contract in May, worth about 130 billion won (some $110 million). The contract will increase the accumulated project contract to about 500 billion won ($413 million).
The project was won by Samsung Engineering's Mexican subsidiary from PTI-ID (PEMEX Transformacion Industrial Infraetructura de Desarrollo), a subsidiary of Mexico's state-run oil company, PEMEX (Petroleos Mexicanos), in August last year.
"We were able to confirm affection and commitment to the project during the president's visit last time," a Samsung Engineering official said. "We will complete the ongoing process as soon as possible so that the second phase of the project will not be disrupted."
Meanwhile, the project, which will be carried out in the Dos Bocas region of Tabasco in eastern Mexico, is to build 340,000 barrels of crude oil production facilities a day.
Samsung Engineering is carrying out package 2 (four units, including diesel drawback desulfurization facilities) and package 3 (intermediate oil catalytic cracking facilities) out of six packages.
