chemXplore tracks 4 projects involving Daewoo Engineering & Construction Co. Ltd., of which 3 are active.
Daewoo Engineering & Construction Co. Ltd.'s role on them: FEED and EPC.
3 new construction.
Contractors, licensors, and offtakers are recorded on all 3 of them For subscribers
Targeting: Natural gas (2), Ammonia (1), Carbon dioxide (1), Hydrogen (1)
4% annual energy growth to 2030; $10bn free cash flow uplift 2025–2030; $14–17bn/yr capex 2027–2032; dividend +5%/yr to 2030 and planned buybacks.
Third line comprises 2,300 t/d ammonia and 4,000 t/d single-line urea (ACES21™); built adjacent to existing Port Harcourt complex; awarded 2023, completed June 2026.
EPC tendering completed, capex trimmed to ~$14bn after ~$4bn savings; operatorship to move to ExxonMobil; LNG marketing JV and offtake deals secure 2.4 Mtpa and 1.5 Mtpa.
LOI covers $32M for preliminary engineering and procurement to advance project definition; final EPC award depends on FID and government/regulatory approvals expected in 2026.
LOI covers limited engineering and procurement to advance project definition toward a 2026 FID; Phase 1 targets 18.6 mtpa from 12 modular trains with start-up in 2031.
Six projects vie for $2 billion under Hydrogen Headstart, with BP, CIP and a Porsche‑backed venture shortlisted; final bids due late June ahead of 2024 winners.
By country, the most active first. active / all projects
