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JGC Wins Major EPC Contract for NRP Project in Al-Zour, Kuwait

Source: www.gulfoilandgas.com 5/13/2008, Location: Middle East

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JGC Corporation and its partner GS Engineering & Construction (GS), Korea, announced that they received Award Notification by Kuwait National Petroleum Company (KNPC) to provide engineering, procurement, construction and commissioning services for the NRP Project, Package 1 - in Al-Zour, Kuwait.

Package 1 of the Project calls for the engineering, procurement, construction and commissioning of the core units including Crude Distillation Unit (615,000 BPSD) and Atmospheric Residue Desulphurization Unit (330,000 BPSD) of the New Refinery. JGC will install Atmospheric Residue Desulphurization Unit, Heavy Oil Cooling Unit, Saturated Gas Unit and Flair Stack. The Projectís other four (4) Packages cover process, offsite & utility, tank and marine facilities.

Upon completion, the New Refinery will produce Low Sulfur Fuel Oil for power generation to cope with the high demand for electricity in Kuwait. As this contract is not the Lump Sum base, the firm contract value is not agreed at the timing of the award. The contract value of the group is provisionally estimated US$4 billion and the contract value of JGC is approximately US$2 billion plus.

The award to JGC and GS reflects the high regard of the client for the alignmentís cost competitiveness and extensive grass-roots refinery construction experience, including the Mina Al-Ahmadi Refinery in Kuwait constructed by JGC in 1980ís, as well as outstanding technical capabilities.

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