Engineering, Procurement, and Construction (EPC) services
Strategic Profile
International projects now account for the majority of the company's business following expansion in the 1990s-2000s, with the company expanding into power plants and steel mills in the 2010s. Samsung E&A has successfully completed over 1,000 projects in various regions including the Middle East, Asia, Americas and Europe over the past half-century.
Cyborg Score Rationale
Samsung E&A operates as a market-leading global EPC contractor with deep project execution capabilities and diversified energy transition positioning. However, historical project execution challenges—including a $1.3 billion loss in 2015—signal operational risks that persist in the complex, margin-sensitive EPC sector.
Top Insights
The company experienced a $1.3 billion USD loss in 2015 due to being ill-prepared for execution of complex billion-dollar projects in Saudi Arabia and the UAE, signaling historical project management risks.
Samsung E&A operates in two segments—Hydrocarbon Business and Non-Hydrocarbon Business—offering comprehensive EPC services spanning oil and gas, refinery, petrochemical, industrial, environmental, and energy transition sectors.
The company continuously expands business across engineering industries including Oil and Gas processing, Refinery, Petrochemical, Energy Transition, Environmental, Industrial and BIO areas.
Named Competitors
Hyundai Engineering — Global EPC solutions for plants, architecture, infrastructure and asset management
GS E&C — Contractor in civil engineering, building, oil and gas, power plants, and renewable energy
SK Ecoplant — Construction, green energy, renewable energy systems, and waste management solutions
Bechtel — Global engineering, construction, and project management across energy, infrastructure, and mining
Recent Developments
(2024) Official rebrand to 'Samsung E&A' from 'Samsung Engineering' to reflect expanded service portfolio and global positioning
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