JGC Holdings Corporation has announced that Group subsidiary PT. JGC Indonesia has been awarded by Jadestone Energy (Lemang) Pte., Ltd., an Indonesian subsidiary of independent oil and natural gas producer Jadestone Energy plc, operating in the Asia-Pacific region with an engineering, procurement, and construction ("EPC") project for gas processing facilities and sales gas pipeline.
The project involves EPC services for Jadestone Energy (Lemang) Pte., Ltd for an undisclosed lump sum amount. The new gas, LPG and condensate processing facilities with a capacity of 25 MMscfd and an approximately 17 km sales gas pipeline will be built in Jambi, South Sumatra, around 600 km northwest of Jakarta, with activities commencing in the first half of 2024. The project calls for construction of facilities to purify natural gas from Jadestone Energy's Akatara gas field, along with a pipeline to transport the sales gas to a designated station. The sales gas will be used as fuel for domestic thermal power plants.
JGC Group took the initiative to establish PT. JGC Indonesia in the 1970s as an EPC company within the Group. Since then, the company has built up a solid record in meeting local needs with comprehensive services for more than 40 years. This order can be attributed to a positive overall assessment of PT. JGC Indonesia, attesting to their extensive experience, expert project execution, competitive bidding, and other advantages.
The Group established JGC Asia Pacific Pte. Ltd. as a headquarters on January 1, 2022, to promote regional management in Indonesia and the other Group subsidiaries within South East Asia, toward the key strategy of expanding growth markets and segments for the Group's EPC business as outlined in the medium-term business plan (BSP 2025). This framework for regional management will continue to serve as the basis for intensive Group sales activities to secure orders not only in the oil and gas sector but also for solutions to reduce its environmental impact and support decarbonization, and for a variety of infrastructure focused on renewable power generation and life science applications.
