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Termination of EPC Contract for Kuwait Refinery Project

Source: www.gulfoilandgas.com 3/23/2009, Location: Middle East

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JGC Corporation announced that it has received notification from Kuwait National Petroleum Company (KNPC) of termination of the Letter of Intent issued in 2008 for EPC Package No. 1 of the New Refinery Project, in Al-Zour, Kuwait, being jointly carried out with GS Engineering & Construction (GS), Korea.

The remaining contract value of approximately two hundred and thirty (230) billion Japanese yen will be deducted from the company's current outstanding contracts.

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Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


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