October 17, 2008
Chiyoda Awarded EPC Competition Contract for ExxonMobil’s Papua New Guinea LNG Plant
Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) announced the award of an EPC Competition Contract for participation in an EPC design competition of the LNG Plant and associated facilities for an ExxonMobil-operated Papua New Guinea (PNG) Liquefied Natural Gas Project. Chiyoda will be utilizing APCI Liquefaction technology for this EPC Competition. The PNG LNG Project is a co-venture of ExxonMobil (Esso Highlands Limited as Operator), Oil Search, Santos, AGL, Nippon Oil, MRDC, and Eda Oil. The Project plans to provide LNG for sale into Asia.
The scope of the EPC competition includes facilities for inlet processing, treating, liquefaction, storage, and loading of 6.3 million tonnes per annum (MTPA) of LNG.
In parallel with maximizing monetization of the product, Chiyoda plans to utilize its cutting edge technologies and experience and knowledge gained on other projects in environmentally challenging and sensitive locations to execute this first LNG Project in Papua New Guinea.
Chiyoda is committed to high standards of worker and public safety and maximizing positive effects on the local environment in Papua New Guinea including the creation and delivery of sustainable and long term benefits to local communities.
Chiyoda is experienced in LNG plant projects as well as LNG receiving terminals. Chiyoda provides services on a global basis including in Oceania, the Middle East, Russia and South East Asia.
Chiyoda Corporation, headquartered in Yokohama, Japan, provides services in the field of engineering, procurement and construction for gas processing, refineries and other hydrocarbon or other industrial plant projects, particularly for Gas Value Chain Projects, on a global basis including the Middle East, Russia and South East Asian, Africa and Oceania regions. For 60 years, Chiyoda has constantly leveraged its extensive experience and far-reaching global network to give it an unrivaled advantage.