Samsung E&A Co., Ltd. (Korean: 삼성이앤에이), formerly Samsung Engineering, is a Korean construction and project management (EPC&PM) company, it provides a full range of engineering services including feasibility studies, design, procurement, construction, and commissioning.
[2] During the 1970s and 80s, the Korean government prioritized the development of heavy and chemical industries and Korea Engineering was in charge of the design of projects such as the Korea National Oil Corp. refinery, the Namhae fertilizer plant and the Honam petrochemical plant.
[2] In 1993, the company was awarded its first overseas project, a natural gas separation plant in Thailand.
[citation needed] In the 2010s, Samsung Engineering expanded into new business areas including power plants and steel mills and at the same time took on complex billion-dollar projects in Saudi Arabia and the UAE.
The company was ill-prepared for the execution of these projects, leading to a 1.3 billion US dollar loss in 2015.