The CCC/Teyseer subcontract is valued at $400 million-500 million and includes a firm order for train 6 and an option for train 7. The scope of works under the 38-month subcontract covers full construction services for the two process trains, the buildings, the cooling water lines and heavy lifts. The contract duration is 38 months.

The RasGas III award maintains CCC’s strong links with local liquefied natural gas (LNG) projects, having been involved in numerous train schemes over the past decade. Last year, it was awarded by the Chiyoda/Technip team an estimated $600 million subcontract for the entire construction package on the integrated Qatargas IIdevelopment, which also centres on the construction of two 7.8 million-t/y trains. The award was the largest ever won by CCC in the Gulf (MEED 13:5:05).

Both Qatargas II and RasGas III are owned 70:30 by Qatar Petroleum (QP)and the US’ ExxonMobil Corporation. First gas from Qatargas II is due to be delivered to the UK in late 2007; RasGas III will begin supplying gas to the US a year later.

www.meed.com/oilgas