JGC awarded FEED contract for LNG plant in Oman
JGC Corporation (JGC) announced that it has been awarded a Front End Engineering and Design (FEED) contract under a triple FEED competition scheme for the LNG Plant for Marine Fuel that TOTAL E&P OMAN DEVELOPMENT B.V., a 100% subsidiary of the French company Total S.A., is planning in the Port of Sohar in Oman, in partnership with Oman Oil Company S.O.A.C.
This project consists of FEED services to construct a new medium-scale LNG plant with an annual LNG production capacity of 1,000,000 tons in Sohar, one of the largest industrial zones in the Middle East, approximately 200 kilometers to the west of Muscat, the capital of The Sultanate of Oman. Growing demand is expected as marine fuel since the International Maritime Organization (IMO) is set to introduce environmental regulation for maritime fuel in 2020.
During bidding process, it was highly evaluated that JGC experienced many LNG plant construction worldwide and delivered proposal making use of the small / medium-scale LNG plant concept, which is promoted under JGC's Medium-Term Business Plan "Beyond the Horizon."
JGC has been responsible for constructing LNG plants that account for approximately 30% of global LNG production. Currently, JGC is executing a total of three LNG plant construction projects, including a large-scale LNG plant in Canada, as well as FLNG (Floating LNG) plants off the coast of Malaysia and off the coast of Mozambique.
Going forward, as the world's foremost LNG contractor, JGC will continue to develop its strong business activities in the field of small / medium-scale LNG plants construction in addition to conventional, large-scale LNG plants.
Editorial Comment: The Future of FLNG: Less is More?
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.
GasPro 2.0: A Webcast Symposium
Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.
The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.
Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.
October 24, 2019 08:30 AM CDT