JGC Corporation bags loating LNG plant contract from Petronas 1.5 million tonne production capacity

JGC bags Petronas’ floating LNG plant contract in Malaysia

8:03 AM, 15th February 2014
JGC Corporation bags loating LNG plant contract from Petronas

YOKOHAMA, JAPAN: JGC Corporation in consortium with Samsung Heavy Industries Co Ltd, has received a contract from Petroliam Nasional Berhad (Petronas), the Malaysian state-owned oil company, to construct a floating LNG plant on gas fields off the Malaysian coast. The lump-sum turnkey contract calls for the engineering, procurement, construction, installation and commissioning (EPCIC) work for a floating LNG plant with a production capacity of 1.5 million tonne per year of LNG, scheduled for completion in 2018.

This project will be the second floating LNG plant to be constructed for the Malaysian offshore gas fields. The main responsibility of JGC will be the engineering and procurement of the LNG facilities, while Samsung Heavy Industries in South Korea will construct the hull as well as the modular facilities.

It is also the first floating LNG plant located over gas fields more than 1,000 metre beneath the ocean’s surface, and as such is a ground-breaking project for the global offshore oil and gas industry.

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