The Emirates Nuclear Energy Company (ENEC) and Samsung C&T Corporation, a construction and engineering company headquartered in South Korea, have signed a Memorandum of Understanding (MoU) to advance global nuclear energy collaboration.
By combining ENEC’s global nuclear leadership with Samsung C&T’s deep engineering and infrastructure expertise, the agreement aims to support the deployment of clean, dispatchable electricity around the world.
Under the MoU, they will work together across several key areas. These include potential investment in conventional nuclear projects such as new builds, restarts, and brownfield Mergers and Acquisitions (M&A) activity in the US; future deployment of Small Modular Reactor (SMR) technologies in the UAE, US, and internationally; evaluation of opportunities in nuclear-powered hydrogen production in South Korea and other markets; investment in US-based nuclear service and equipment companies; and the joint assessment of the development and financing of a nuclear power plant in Romania.
H.E Mohamed Al Hammadi Managing Director and CEO – ENEC
“Nuclear energy has a pivotal role in delivering clean electricity at scale to meet rapidly growing global demand. ENEC has demonstrated that with the right strategy and partnerships, nuclear projects can be delivered safely on time, and to the highest national and international standards. Through this MoU with Samsung C&T, we are expanding our global collaboration efforts to enable new nuclear deployment, investment, and innovation. Together, we will explore projects that deliver real impact for countries seeking energy security, decarbonization, and long-term economic growth.”
Oh Sechul, President and CEO of Samsung C&T, added that, “To ensure the stable supply of clean energy, nuclear power plays an essential role as a reliable baseload source. By combining the advanced technologies and global networks that both companies have built in the large-scale nuclear and SMR sectors, I look forward to creating synergies through close collaboration.”
The agreement supports ENEC’s international strategy and its ADVANCE program, which accelerates the evaluation and potential deployment of next-generation nuclear technologies. It also aligns with the UAE’s wider Net Zero 2050 Strategic Initiative while positioning ENEC as a catalyst for global clean energy cooperation.
ENEC is known for being the developer and operator of the four-unit Barakah Nuclear Energy Plant, which generates 40 TWh of clean electricity annually, providing 25 percent of the UAE’s total electricity demand. The plant stands out as the largest source of clean electricity in the region and has avoided over 22 million tons of carbon emissions annually.
The company is now leveraging this expertise through global partnerships to invest, partner and cooperate with other nations and companies to realize the benefits of civil nuclear energy.
