Kencana Unit Lands RM1b Fabrication Contract from Bechtel

KUALA LUMPUR (Dec 8): KENCANA PETROLEUM BHD ’s unit, Kencana HL Sdn Bhd, has secured a RM1 billion contract from Bechtel International Inc for the fabrication and assembly of a liquefied natural gas (LNG) processing facility in Australia.

Kencana said on Thursday that the contract scope included fabrication, assembly, testing and loading of process equipment modules for Wheatstone Project LNG Plant Facility located at Ashburton North, Western Australia.

It said the Chevron-operated Wheatstone Project was one of Australia’s largest resource projects, adding that the project was a joint venture between Australian subsidiaries of Chevron (73.6%), Apache (13%), Kuwait Foreign Petroleum Exploration Company (7%), and Shell (6.4%).

It said the initial phase of the project would consist of two liquefied natural gas trains with a combined capacity of 8.9 million tonne per annum and a domestic gas plant.

Kencana said the fabrication work would be carried out at Kencana HL fabrication yard in Lumut.

Written by Surin Murugiah of theedgemalaysia.com
Source: http://www.theedgemalaysia.com/index.php option=com_content&task=view&id=197504&Itemid=79