Subcontractors Demand Overdue Payments from UJV – Samsung, Petrofac, and Saipem”

On 15 October 2024, at 10:00 hrs., the Federation of Subcontractors of TOP Refinery, CFP Project, Sriracha, consisting of 16 companies which are subcontractors of the Unincorporated Joint Venture of Samsung E&A (Thailand) Co., Ltd. (“Samsung”), Petrofac South East Asia Pte. Ltd. (“Petrofac”), and Saipem Singapore Pte. Ltd. (“Saipem”) (collectively, the “UJV – Samsung, Petrofac, and Saipem”), held a press conference at Ballroom 1 and Ballroom 2, 6th floor of Holiday Inn & Suites Siracha Laemchabang Hotel, Chonburi Province. The press conference was conducted to demand overdue payments from UJV – Samsung, Petrofac, and Saipem, which is the main contractor for the Clean Fuel Project (CFP) for Thai Oil Public Company Limited (“Thaioil”). The Federation announced that, if no clear solution is provided by UJV – Samsung, Petrofac, and Saipem, the executives and employees of all 16 companies will gather in front of Thaioil’s refinery on 18 October 2024.