Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Technip Bags Contract for LNG Plant in Shaanxi

change text size

Technip clinched an engineering, design and procurement contract for a mid-scale liquefied natural gas (LNG) plant from Shaanxi LNG Investment & Development Co Ltd, with the plant to be located in the Yangling Demonstration Area in Shaanxi province, China.

The contract, valued at approximately $46.6 million (35 million euros), covers conceptual engineering study, basic engineering design (BED) for its processes, BED and detailed design of the LNG storage tank. The deal also covers procurement of key equipment including the main cryogenic heat exchanger, the mix refrigerant compressor, the boil-off gas compressor and the cryogenic control valves, among others.

The LNG plant, which will have a capacity of 500,000 tons per year, will be based on an Air Products liquefaction process.

Technip said its operating centers in Shanghai, China, and Kuala Lumpur, Malaysia, will undertake the project, which is scheduled for completion by mid-2014.

"This project acknowledges Technip’s historical and unique LNG expertise but also reinforces its continuous involvement in the growing mid-scale LNG market in China, after the success of the Ningxia Hanas LNG plant," Technip said in a press release.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Magnus Energy to Participate in PEL 10... (Nov 28)
 -  Indonesia to Name One of Three Candida... (Nov 28)
 -  SeaBird Suffers Amid Weakening Demand ... (Nov 28)
 -  Tethys Petroleum Appoints John Bell as... (Nov 27)
 -  Odjfell Revenues, Profits Decline duri... (Nov 26)
Most Popular Articles
From the Career Center
Jobs that may interest you
RT NDT Technician Level II
Expertise: NDT Technician
Location: Houston, TX
 
Piping Designer
Expertise: Plant Technical Assistant
Location: Sugar Land, TX
 
Junior Quality Control Tech - 960
Expertise: QA / QC / Inspection
Location: Sugarland, TX
 
search for more jobs