- CEO
- Nam-Gung Hong
- Full Time Employees
- 5,249
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 26, Sangil-ro 6-gil Seoul SL South Korea 05288
- IPO Date
- Dec 24, 1996
- Business
- Samsung Engineering Co., Ltd., now rebranded as SAMSUNG E&A (as of March 2024), is a global engineering, procurement, construction, and project management (EPC&PM) company specializing in comprehensive turnkey solutions for the plant industry. The company provides a wide range of services including feasibility studies, project development, financing, engineering design (basic and detail), procurement, construction, commissioning, operation and maintenance across industrial sectors such as oil and gas processing, refinery, petrochemical, energy transition, environmental infrastructure, industrial plants, and bio and green solutions. Their engineering solutions cover process design, modularization, off-site construction, and digital automation via their proprietary Engineering Data Platform (EDP), aimed at enhancing project efficiency, quality, and cost-effectiveness.
SAMSUNG E&A operates globally with extensive projects in the Middle East, Asia, the Americas, and Europe, having completed over 1,700 projects worldwide. Its major product and service categories include hydrocarbon business (upstream and downstream oil and gas facilities), non-hydrocarbon businesses like power plants, water and waste treatment facilities, environmental technologies, and industrial production plants. The company is actively expanding its business portfolio into sustainable technologies and green energy sectors, offering carbon capture, utilization and storage (CCUS), hydrogen production and utilization solutions, and circular economy technologies such as bioplastics and plastic recycling.
Recent major developments include the formal name change from Samsung Engineering to SAMSUNG E&A to emphasize its strengths in engineering technology (represented by 'E' for Engineers) and its forward-looking vision ('A' for Ahead). The company has focused on adopting advanced technologies in hydrogen and carbon neutrality to gain competitive advantages in the evolving EPC landscape. In 2024, SAMSUNG E&A held the inaugural E&Able Tech Forum to discuss energy transition technologies such as hydrogen, carbon capture, ammonia synthesis, and e-fuels, signaling a strategic shift towards securing core technologies and accelerating commercialization in the sustainability space. Additionally, the company projects a robust outlook for new orders in 2024, aiming for a 43% increase year-over-year, driven by significant bids for hydrocarbon projects and expansion in green solutions.
Founded in 1970 and headquartered in Seoul, South Korea, SAMSUNG E&A employs over 24,500 people across more than 26 offices worldwide. The firm prides itself on pioneering roles in the Korean engineering industry and maintaining a leadership position in global EPC markets through innovative project execution models like the AHEAD execution model and L-EPC package, which standardize equipment design and optimize engineering schedules. These capabilities position SAMSUNG E&A as a leading and technologically advanced EPC provider catering to diverse client needs in both emerging and established industries.
In summary, SAMSUNG E&A is a globally recognized EPC leader with a broad portfolio in industrial, energy, and environmental sectors, recently focusing on sustainability and energy transition technologies with a strategic rebranding and strong growth trajectory in global project orders and technological innovation.