Petronas to Make FID for Second FLNG Project in 2H

September 3, 2013

Dateline 2013-07-23:

Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) was expected to make a final investment decision (FID) on a floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah, in the second half of the year.

“Once sanctioned, production from this second FLNG vessel is expected to commence in 2016,” said a company spokesman as reported by Malaysia’s Business Times Tuesday. “The FID will be taken during the second half of this year,” he added.

The project, now in the front-end engineering design (FEED) stage, is for a FLNG equipped to produce 1.5 million tons of LNG per annum. Petronas awarded FEED contracts to two consortia – one comprising MODEC, Inc., IHI Corporation, TOYO Engineering Corporation and CB&I, while the other comprises JGC Corp and Samsung Heavy Industries.

PETROANS picks (not Khir) Toyo for revamp project at Malaysia gas processing complex

January 2, 2013

Dateline 2012-12-18:

Japan-based Toyo Engineering has been awarded a contract by Malaysia’s Petronas for the rejuvenation and revamp project of the No. 4 gas processing plant located in Kerteh, Terengganu, the firms said on Tuesday.

The plant will have a capacity of 250 million cubic feet/day, according to project officials.

Toyo is slated to provide engineering, procurement, construction and commissioning with a turnkey contract for expanding the plant’s life by another 20 years.

Toyo cited an extensive track record for Petronas projects at Kerteh, including basic design work for prior revamp projects of gas processing plants No. 1 and No. 2.