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

Commercial production begins at Chevron’s new base oil plant

Chevron Corporation subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility ...

21-07-2014

Air Liquide to supply oxygen for new world-scale methanol plant

Air Liquide announced today that it has been selected by Natgasoline LLC, a wholly-owned subsidiary of  OCI N.V., as the supplier of oxygen for its  new world-scale ...

21-07-2014

ZeoGas awarded Methanol-to-Gasoline technology license by ExxonMobil

ZeoGas LLC, a developer of natural gas-to-gasoline projects, has entered into a license agreement to use ExxonMobil Research and Engineering Company’s (ExxonMobil) ...

21-07-2014

Tesoro corporation announces new petrochemical feedstock project

Tesoro Corporation today announced plans to produce petrochemical feedstock in its U.S. West Coast refining system. The Company intends to gather intermediate feedstock, ...

21-07-2014

Praxair signs long-term supply agreement and builds presence in petrochemical park in China

Praxair, Inc. through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between ...

17-07-2014

INEOS to build a new terminal to store and process ethane from shale gas at Grangemouth

INEOS Olefins & Polymers UK has today confirmed that it has received notification from Chief Secretary to the Treasury, Rt Hon. Danny Alexander MP that its application ...

17-07-2014

CB&I awarded additional technology contracts in Oman

CB&I today announced it has been awarded additional contracts by Oman Oil Refineries and Petroleum Industries Company (Orpic) for the Liwa Plastics Project in the ...

16-07-2014

AVEVA and ETAP sign agreement to deliver industry first for electrical engineers

AVEVA and ETAP have signed a partnership agreement under which both companies will jointly develop a software interface between AVEVA Electrical™ and ETAP’s ...

15-07-2014

QAPCO celebrates successful completion of planned general shutdown

Qatar Petrochemical Company (QAPCO) Q.S.C., one of the leading petrochemical powerhouses in the region and a pioneer in petrochemical production, recently celebrated ...

15-07-2014

Fluor wins LNG terminal contract in Rotterdam

Fluor Corporation was awarded a contract by Gate Terminal BV, a subsidiary of Dutch Vopak and Gasunie, to design and build a liquefied natural gas (LNG) break bulk terminal ...

15-07-2014