Chiyoda Almana Awarded Engineering Services Contract
Chiyoda Corporation (“Chiyoda”) (TSE: 6366; ISIN: JP3528600004), Japan’s leading engineering and construction firm, announces that its subsidiary in Qatar, Chiyoda Almana Engineering LLC (“Chiyoda Almana*1”), has been awarded a FRONT END ENGINEERING DESIGN (FEED) and ENGINEERING, PROCUREMENT AND CONSTRUCTION MANAGEMENT (EPCM) for brown field projects designed to deliver asset integrity, growth and development at Pearl GTL, the world’s largest gas-to-liquids plant*2, by Qatar Shell GTL Ltd (“Qatar Shell”). Qatar Shell’s press release of May 12, 2013 is enclosed for your reference, which includes a statement from Mr. Wael Sawan, Managing Director and Chairman, Qatar Shell Companies.
1. Client : Qatar Shell GTL Ltd.
2. Contract Period : 4 years + 1 year extension (as option)
3. Scope of Work : Engineering and project management services including FEED and EPCm activities at Pearl GTL plant
Chiyoda has been continuously involved in numerous projects in Qatar including all 14 LNG trains, out of which Chiyoda executed the EPC work for 12 trains including the six world’s largest ones (7.8 million tons/year each). Chiyoda Almana currently has more than 500 experienced employees and has consistently provided “Project Lifecycle Engineering *3” for Qatari clients. This award follows long term service contracts previously awarded by RasGas, Qatargas and other companies.
Through this contract, which is in line with Qatar Shell’s commitment to support the social and economic pillars of the Qatar national vision 2030, Chiyoda group is aiming to contribute further to Qatari sustainable development. Chiyoda group, through its global operation network, intends to roll out its “Project Lifecycle Engineering” services in other countries including the Middle East and elsewhere while strengthening its regional business development.
*1 Chiyoda Almana was established by Chiyoda in March 2008 in collaboration with a local company (Almana Group), as a Qatari local company providing full engineering services in Qatar.
*2 Chiyoda executed EPC work for the Feed Gas Preparation Works of the Pearl GTL plant in partnership with Hyundai Heavy Industries (HHI).
*3 A business model involving both Chiyoda and the client, to provide feasibility studies, front-end engineering and design (FEED), detailed engineering, procurement and construction (EPC), operation, maintenance, expansion, modification, upgrading and revamping throughout the lifecycle of a project.
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