Petroliam Nasional Berhad (Petronas), the Malaysian state-owned oil company, has selected a consortium led by JGC to construct a floating LNG plant on gas fields off the Malaysian coast. The lump-sum turnkey contract calls for the engineering, procurement, construction, installation and commissioning (EPCIC) work for a floating LNG plant with a production capacity of 1.5 Mt/year of LNG, scheduled for completion in 2018. This project will be the second floating LNG plant to be constructed for the Malaysian offshore gas fields. The main responsibility of JGC will be the engineering and procurement of the LNG facilities, while Samsung Heavy Industries in South Korea will construct the hull as well as the modular facilities. In 2012, Petronas awarded the FEED (front end engineering and design) contract for this project to two separate consortia under a dual FEED scheme, with both groups bidding competitively for the EPCIC portion of the project on the strength of their FEED work.
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