Samsung Engineering

What Samsung Engineering does

Samsung E&A (legally Samsung E&A Co., Ltd., rebranded from Samsung Engineering in 2025) is a South Korea-headquartered engineering, procurement, and construction (EPC) contractor serving global energy and industrial infrastructure clients. The company was founded in 1970, listed on the Korea Stock Exchange, and operates from a Seoul headquarters with regional offices in India, Mexico, Saudi Arabia, Thailand, the UAE, and the United States; activities span approximately 19 countries across the Middle East, Asia Pacific, Europe, the Americas, and Africa. Core customers are national oil companies, refiners, petrochemical producers, and industrial conglomerates such as Saudi Aramco, ADNOC, PTT, Petronas, KNPC, Lotte Chemical, and PTTEP.

The company's service offering is organized around three EPC verticals — Hydrocarbon (Oil & Gas Processing, Refinery, Petrochemicals), Advanced Tech (Industrial, BIO), and New Energy (Sustainable Energy, ECO/Water) — anchored by the E&Able technology-solution platform. E&Able is segmented into three lines: E&Able Low (Carbon Capture, Blue H2 & NH3, Bio SAF, Efficien-CTM, Intelligen-CTM), E&Able Zero (Green H2 & NH3, e-SAF, e-Methanol), and E&Able Circle (Water Treatment, Waste-to-Energy, Air Pollution Prevention). The proprietary CompassH2-A+ 100 MW pressurized alkaline electrolyzer, launched in May 2026 in partnership with Nel Hydrogen, is the principal technology offering outside of pure EPC services. Execution is governed by the proprietary S.A.Y Safety Program.

Samsung E&A generates revenue through project-based EPC contracts won via competitive bidding and direct negotiations, typically structured as multi-year fixed-scope engagements for greenfield hydrocarbon facilities, refinery and petrochemical plant construction, and increasingly for low-carbon ammonia, SAF, and green hydrogen infrastructure. Pricing is project-specific and not publicly disclosed. 2025 operating profit of KRW 792.1 billion exceeded the company's own target, with Q1 2026 operating profit of KRW 188.2 billion up 19.6% year-on-year, while reported revenue has cycled between approximately KRW 6.3 trillion and KRW 8.2 trillion over the 2021–2025 period. Go-to-market is direct enterprise field sales targeting engineering and procurement leadership at major oil, refining, and petrochemical companies; flagship projects include the MEED Energy Project of the Year-winning Saudi Arabia APOC PDH/UTOS, the Jafurah shale gas development consortium, and the H2biscus green hydrogen project in Malaysia scheduled for 2027.

Name

Samsung Engineering

Legal name

Samsung E&A Co., Ltd.

Website

https://samsungengineering.co.kr

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Samsung E&A is a South Korea-headquartered EPC contractor providing engineering, procurement, and construction services for oil & gas, refinery, petrochemical, and clean-energy infrastructure projects to national oil companies and industrial clients across the Middle East, Asia, and the Americas.

Ownership category

akta.pro rank

Product category

Engineering, Procurement and Construction (EPC) Services

NAICS

Engineering Services (541330), Engineering Services (54133)

SIC

Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

akta.pro secondary industries

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM)

Keywords

• EPC engineering services
• Oil and gas processing
• Petrochemical plant construction
• Green hydrogen solutions
• Industrial infrastructure projects

Headquarters

HQ city

Seongnae

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. EPC Services: Engineering, Procurement, and Construction services for oil & gas processing, refinery, petrochemical, industrial, and green energy projects. Revenue is generated through large-scale project contracts typically won via competitive bidding for global energy infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Samsung Engineering (now Samsung E&A) is an EPC (Engineering, Procurement, and Construction) contractor delivering integrated solutions for large-scale energy and industrial infrastructure projects. Core services cover oil and gas processing, refinery construction, petrochemical plant development, industrial facilities, and emerging sustainable energy projects including green hydrogen, ammonia, and carbon capture technologies delivered through its E&Able technology solution platform.

Product overview

SAMSUNG E&A (formerly Samsung Engineering) is an EPC (Engineering, Procurement, and Construction) company offering integrated solutions across the energy and industrial sectors. The company's product portfolio is organized around three main business segments: (1) Hydrocarbon/Process sector covering Oil & Gas Processing, Refinery, and Petrochemicals; (2) Advanced Tech covering Industrial and BIO segments; and (3) New Energy covering Sustainable Energy and ECO/Water environmental solutions. Central to their offering is the 'E&Able' technology solution platform, which provides specialized solutions organized into three lines: E&Able Low (Carbon Capture, Blue H2 & NH3, Bio SAF, Efficien-CTM, Intelligen-CTM), E&Able Zero (Green H2 & NH3, e-SAF, e-Methanol), and E&Able Circle (Water Treatment, Transforming Waste into Energy, Air Pollution Prevention). The company recently launched CompassH2-A+, a 100 MW pressurized alkaline electrolysis solution developed with Nel. Notable recent launches include the Wabash Low-Carbon Ammonia Project and SAF plant FEED contract. Their projects span global locations including Algeria, Thailand, Iraq, Malaysia, Indonesia, Oman, UAE, Kuwait, Saudi Arabia, USA, and China.

Differentiator

Problem solved

Functional benefit

Brands

• E&Able: Technology solution brand dedicated to fostering a sustainable future through advanced technology
• CompassH2
• Efficien-CTM
• Intelligen-CTM
• S.A.Y

Products and services

• Oil & Gas Process EPC Services EPC services for oil and gas processing including gas field development, compressor stations, and oil field development projects for major national and international oil companies.
• Refinery EPC Services EPC services for refinery projects including crude flexibility, clean fuel, and refinery expansion for national oil companies and industrial groups.
• Petrochemicals EPC Services EPC services for petrochemical facilities including ethylene, glycol, and polymer production plants for chemical companies worldwide.
• Industrial EPC Services EPC services for industrial facilities including utility plants, manufacturing, and infrastructure projects.
• BIO EPC Services EPC services for biotechnology and pharmaceutical manufacturing facilities.
• Sustainable Energy EPC Services EPC services for sustainable and renewable energy projects including green hydrogen and ammonia facilities.
• ECO (Water) EPC Services EPC services for environmental solutions including water treatment, sewage treatment, and wastewater management.
• E&Able Technology Solution Platform A comprehensive technology solution platform dedicated to fostering a sustainable future through advanced, eco-friendly technologies. E&Able encompasses Carbon Capture, Blue H2 & NH3, Green H2 & NH3, Bio SAF, e-SAF, e-Methanol, Water Treatment, and other environmental solutions, organized into E&Able Low, E&Able Zero, and E&Able Circle lines.
• CompassH2-A+ Hydrogen Electrolysis Solution A 100 MW pressurized alkaline electrolysis solution developed in partnership with Nel for green hydrogen production.

Quantifiable outcome

• Q1 2026 operating profit up 19.6% year-on-year to KRW 188.2 billion
• +1 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• POSCO HoldingscoreStrategic or Co-development PartnerPartnership with POSCO Holdings and other Korean firms for green hydrogen production concession in Block Z1-02, Oman. Samsung Engineering participates in this clean energy venture alongside Thailand's PTTEP, leveraging Korean expertise in hydrogen technology development.
• Nel HydrogencoreStrategic or Co-development PartnerPartnership with Nel for CompassH2-A+, a 100 MW pressurized alkaline electrolysis solution for green hydrogen production. Announced May 2026, representing Samsung E&A's entry into large-scale hydrogen electrolyzer solutions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Saipem: Italian-based global EPC contractor specializing in oil & gas, refining, and petrochemical projects. Direct competitor in Middle East and Asia EPC markets; co-participant with Samsung E&A on the Saudi Aramco Jafurah consortium.
• Petrofac: UK-headquartered EPC and integrated energy services contractor serving national oil companies in the Middle East and Asia. Direct overlap with Samsung E&A's NOC customer base and project portfolio.
• TechnipFMC: Global EPC and integrated services contractor for oil & gas, refining, and petrochemical projects. Direct competitor in large-scale hydrocarbon EPC with overlapping NOC customer base (Saudi Aramco, ADNOC).
• Worley: Australia-based engineering and EPC services provider to energy, chemicals, and resources sectors. Competes with Samsung E&A in hydrocarbons EPC and energy transition projects globally.
• SK Engineering & Construction: Korean EPC contractor serving oil & gas, petrochemical, and power sectors. Domestic Korean competitor with overlapping customers and similar Middle East exposure.
• McDermott International: Global EPC contractor for onshore/offshore oil & gas, refining, and petrochemical facilities. Direct competitor in large-scale hydrocarbon EPC, particularly in Middle East and Asia.
• Hyundai Engineering: Korean competitor EPC contractor for oil & gas, petrochemical, and power projects with strong Middle East presence. Most direct Korean comparable peer with similar customer base and geographic mix.
• Larsen & Toubro (L&T) Energy Hydrocarbon: Indian conglomerate with a large EPC arm serving oil & gas, refining, and petrochemical sectors across Middle East and Asia. Competes with Samsung E&A on similar hydrocarbon projects with comparable cost structure.

Broad incumbents

• Bechtel Corporation: US-based largest privately-held EPC contractor serving hydrocarbons, infrastructure, and government clients. Competes with Samsung E&A on mega-projects globally.
• Fluor Corporation: Large US-based global EPC firm with broad energy, chemicals, mining, and infrastructure portfolio. Competes with Samsung E&A in refinery, petrochemical, and energy transition EPC projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Samsungena
• Facebookfacebook.com/SAMSUNGEnA
• LinkedInlinkedin.com/company/samsung-engineering

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Samsung Engineering