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

Clariant supports Carbon2Chem project for the reduction of industrial CO2 emissions

Clariant, a world leader in specialty chemicals, announces its participation in the Carbon2Chem project, a cross-industry project for the reduction of industrial CO2 ...

28-06-2016

Tesoro Petroleum announces acquisition of Dakota Prairie Refining

Tesoro Corporation, through its affiliate Tesoro Refining & Marketing Company LLC, has acquired Dakota Prairie Refining, LLC (DPR), which owns a  refinery near ...

28-06-2016

Saudi Aramco and SABIC sign HoA on feasibility study for oil-to-chemicals complex

Saudi Aramco and Saudi Arabian Basic Industries Corporation (SABIC) have signed heads of agreement to conduct a feasibility study on the development of a fully integrated ...

28-06-2016

New methods of explosion pressure relief: REMBEĀ® TARGO-VENT

Comprehensive combustible dust explosion protection does not necessarily have to be expensive or complicated. An innovative technology makes it possible to divert the ...

27-06-2016

Wison Engineering awarded EPC contract for EOEG in Saudi Arabia

Wison Engineering, one of the leading chemical engineering, procurement and construction management service and technology providers in China, announces that the Company ...

27-06-2016

Tallest and heaviest fractionator process column arrives in Pengerang

PETRONAS has received the tallest and heaviest propylene fractionator process column for the steam cracker facility located within its Pengerang Integrated Complex (PIC) ...

26-06-2016

DuPont enables Sinochem Quanzhou Petrochemical to produce Euro V Diesel

DuPont Clean Technologies is pleased to announce that the world’s largest DuPont™ IsoTherming® unit has successfully completed the performance test, certifying ...

23-06-2016

BASF and Aspen Aerogels announce strategic partnership

BASF SE and Aspen Aerogels Inc, announced today the expansion of their strategic partnership with the signing of an exclusive supply agreement and a joint development ...

22-06-2016

Ultra-low-sulfur gasoline project awarded to KBR

KBR Inc, announced today it has been awarded a contract to provide Engineering, Procurement and Construction (EPC) services to Monroe Energy for the company's Tier 3 ...

22-06-2016

Braskem Idesa inaugurates petrochemical complex in Mexico

Braskem, the largest petrochemical company in the Americas, inaugurates today (22) its Petrochemical Complex in Mexico, in partnership with Mexican company Idesa. With ...

22-06-2016