You are currently viewing: News



16-01-2013

JGC led JV awarded contract for refinery and petrochemical complex in Vietnam

JGC Corporation, Chiyoda Corporation, Technip, and South Korean contractors GS Engineering & Construction and SK Engineering & Construction today jointly announced that the joint venture, formed by JGC, Chiyoda, Technip, GS and SK, has received notification of the award of a contract for the Nghi Son refinery and petrochemicals complex in the Nghi Son economic zone in northern Vietnam.  The contract was awarded by the Nghi Son Refinery Petrochemical Limited Liability Company, a joint venture between Idemitsu Kosan Co., Ltd (35.1%), Kuwait Petroleum International (35.1%), Vietnam Oil and Gas Corporation (25.0%), and Mitsui Chemicals, Inc. (4.8%). The lump-sum turnkey contract calls for the engineering, procurement, construction (EPC) and commissioning work for an oil refinery with a production capacity of 200,000 barrels per day. The complex, scheduled for completion in late 2016, will be located in the Thanh Hoa Province in Vietnam, 200 km south of the capital city of Hanoi. The value of the contract was not disclosed.

This project, which is being promoted by Idemitsu Kosan Co., Ltd., Kuwait Petroleum International, Vietnam Oil and Gas Corporation, and Mitsui Chemicals, Inc. is a grassroots oil refinery and petrochemical complex project in Vietnam.  This project will be the second constructed in Vietnam, and is aimed at satisfying increasing demands for petroleum products to support the progress of Vietnam's motorization, as well as produce petrochemicals for export. Together with Vietnam's first refinery, the Dung Quat refinery (constructed by a consortium of JGC, Technip and others, and completed in 2009), the Nghi Son refinery and petrochemical complex will be a major pillar supporting the country's economic development.

JGC has been targeting marketing activities toward Southeast Asian countries, including Vietnam, and has been concurrently working on strengthening and expanding JGC Vietnam, an EPC subsidiary of JGC established in Vietnam in 2009. Part of JGC's portion of this project is scheduled to be constructed by JGC Vietnam. 

JGC plans to become involved in many more oil refining and petrochemicals projects in Vietnam in the future. JGC has been responsible for the construction of more than fifty oil refineries, and JGC and JGC Vietnam are focusing marketing activities on Southeast Asia in hopes of contributing to building Vietnam's industrial base and furthering economic development.
Sponsor : 

Other News Items

Jacobs enhances and expands support for Saudi Aramco and other Middle East clients

Jacobs Engineering Group Inc is expanding its presence with a new office in Al Khobar, Saudi Arabia, to strengthen its support for Saudi Aramco and other key clients ...

23-09-2014

GE‘s compression technology selected for Total's Antwerp refinery

GE Oil & Gas today announced that it will provide France-based energy company Total S.A. with a variety of compressors for a refinery off-gas (ROG) expansion project ...

23-09-2014

Linde to supply additional hydrogen to Lima Refining Company

Linde North America has executed a new integrated supply agreement with Lima Refining Company (LRC) for hydrogen and steam utilities to its refinery in Lima, Ohio. “Linde ...

23-09-2014

Siemens announces agreement to acquire Dresser-Rand

Siemens executes on its Vision 2020 with a decisive move to strengthen its core. The company has entered into an agreement with Dresser-Rand, which is listed on the New ...

22-09-2014

Process Group selects Intergraph CADWorx 2014 plant professional

Process Group, a company of Degremont, Suez Environment Group, has selected Intergraph® CADWorx® 2014 Plant Professional to help deliver BP’s Shah Deniz ...

22-09-2014

Emerson to help North West Redwater reduce emissions at advanced, low-carbon refinery

Canada’s North West Redwater Partnership has selected Emerson Process Management, a global business of Emerson, to provide automation services and technology for ...

22-09-2014

Sulzer acquires ASCOM and ProLabNL

On September 15, Sulzer agreed to acquire Advanced Separation Company (ASCOM) B.V. and ProLabNL B.V., both located in Arnhem, The Netherlands. These acquisitions expand ...

22-09-2014

Schneider Electric introduces unified supply chain management software

Schneider Electric, the global specialist in energy management, is first to introduce a unified supply chain management solution or the hydrocarbon processing industry. ...

22-09-2014

ProSim announces the launch of Simulis Pinch

For the majority of industrial sites, energy is the major cost of operations after the raw materials, so improving the energy efficiency of processes represents a major ...

22-09-2014

Manoir Industries increases Manaurite® High Alloy Capacity in Yantai, China

The Petrochem & Nuclear business unit of Manoir Industries announces a 50% increase in its production capacity of Manaurite® High Alloy Petrochemical Tubes & ...

19-09-2014