Japan’s Toyo Engg, three others bag PETRONAS FLNG FEED contract

12 September 2012 12:06  [Source: ICIS news]

TOKYO (ICIS)--A consortium of four companies, including Japan’s Toyo Engineering announced on Wednesday that it has been awarded a front-end engineering design (FEED) contract for PETRONAS’ floating liquefied natural gas (FLNG) project in Malaysia.

Japanese firms MODEC Inc and IHI Corp, and Dutch company CB&I Nederland complete the consortium.

The FEED is for PETRONAS’ second FLNG facility, which is designed to produce 1.5m tonnes/year of LNG at offshore Sabah, Malaysia, the consortium said.

Financial details of the deal were not disclosed.

Included in the contract are the basic design of natural gas liquefaction system, purpose designed hull, living quarters, mooring system, LNG storage tank and LNG offloading system, followed by an engineering, procurement, construction, installation and commissioning (EPCIC) cost estimate for the project, the consortium said.

The FEED and cost estimate are expected to be completed by the middle of 2013, the four companies said.

By: Tomomi Yokomura
+65 6780 4359

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