CCC JV wins RasGas III trains subcontract

16 January 2006
The Japanese/French joint venture (JV) of Chiyoda Corporationand Techniphas awarded Athens-based Consolidated Contractors International Company (CCC)and its local JV partner, Teyseer Contracting Company, the construction subcontract for the gas process trains element of the RasGas IIIproject at Ras Laffan. The award is the second major subcontract to be let by the Chiyoda/Technip team on the estimated $4,000 million project: in December, UAE-based Dodsalwon the estimated $180 million utilities and offsites package. RasGas III centres on the construction of two liquefaction trains, each with capacity of 7.8 million tonnes a year (t/y - MEED 23:12:05).
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

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