Samsung Engineering signs Algeria TIMIMOUN Gas project

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ALGIERS, Feb 17 (AE&B)--Samsung Engineering Co., Ltd. signed the Algeria Timimoun Field Development project worth $800 million with Groupement Timimoun (GTIM), a joint venture between Sonatrach, Total and Cepsa,the South Korean company announced on Monday. The signing ceremony was held in Algiers, with the attendance of Sonatrach’s President & CEO Abdelhamid ZERGUINE and Samsung Engineering’s President & CEO Mr. Park Choong-Heum and .

The Timimoun Field Development project is located 800km southwest of Algiers.                                        Samsung Engineering is responsible for engineering, procurement, construction and pre-commissioning on a lump-sum-turn-key basis to build a 180km pipeline and a Central Processing Facility (CPF) with a capacity of 177 million standard cubic feet per day (MMSCFD). The project is expected to reach its completion in 2017.

Samsung Engineering was the only Korean company selected for this project in the pool of top European and Japanese EPC firms.

 

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