You are currently viewing: News


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

Intergraph® Process, Power & Marine releases CAESAR II® 2017

Intergraph® Process, Power & Marine (PP&M), part of Hexagon and the world’s leading provider of enterprise engineering software to the process, power ...


Gazprom Neft uses Intergraph SmartPlant Enterprise

Intergraph® SmartPlant® for Owner Operators technology is now used by Gazprom Neft, one of the largest oil companies in Russia, to integrate engineering data ...


Technip and BTG Bioliquids to design and build pyrolysis plants

Technip announced today that it has signed an exclusive cooperation agreement with BTG BioLiquids B.V. (BTL) to provide EPC services for its modular pyrolysis plants. ...


KBR announces two successful startups of Distill-Max™ technology

KBR, Inc announced today that HollyFrontier Corporation (HFC) has successfully started up two Dividing Wall Columns (DWC) at their El Dorado Refinery, Kansas, USA. These ...


ValvTechnologies successfully completes NUPIC audit

ValvTechnologies, Inc, the global leader in the design and manufacturing of zero-leakage high-performance valve solutions, recently achieved NUPIC-approved suppliers ...


Jacobs secures engineering services agreement with TransCanada

Jacobs Engineering Group Inc, announced today it signed a three-year master engineering services agreement with TransCanada Corporation, a leading energy infrastructure ...


Saudi Aramco’s CAN-15 wins prestigious Japan Petroleum Institute award

Saudi Aramco and its Research and Development (R&D) collaboration partner, JGC Catalysts and Chemicals  - a leading catalyst developer and manufacturer in Japan ...


Hyundai Engineering implements Intergraph Smart™ 3D

Leading Korean engineering company Hyundai Engineering Co., Ltd (Hyundai Engineering) has achieved cost savings of more than 20 percent in engineering rework man-hours ...


Did you know? REMBE® KUB V rupture disc saves time and money

Are you looking for a way to protect your expensive safety relief valves from corrosive or troubling process environments and reduce their cost? Are you lying awake at ...


Canadian refinery to reuse 100% of water with GE’s wastewater treatment technology

GE  today announced that Federated Co-Operatives Limited’s Co-op Refinery Complex in Regina, Saskatchewan, Canada, is installing GE’s advanced water ...