A three-member group of Japan's TKK, South Korea's Daewoo Engineering & Construction Company and Dywidag International of Germany has been awarded the contract to build a tank farm serving the grassroots liquefied natural gas (LNG) project at Bal Haf. The client is Yemen LNG.
A three-member group of Japan?s TKK, South Korea?s Daewoo Engineering & Construction Company and Dywidag International of Germany has been awarded the contract to build a tank farm serving the grassroots liquefied natural gas (LNG) project at Bal Haf. The client is Yemen LNG. Estimated to be worth $160 million, the engineering, procurement and construction (EPC) contract calls for the construction of two LNG storage tanks, each of 140,000 cubic metres, piping and related civil and mechanical works. The other bidder for the 28-month contract was a French group comprising Technigasand Bouygues. The tank farm contract is the third major EPC award on the project. A group of the local Hawk International Finance & Construction Companywith France?s AMEC Spie Capagwas awarded in September the $210 million pipeline package, while Yemgas ?a three-member consortium comprising Paris-based Technip, Japan?s JGC Corporationand the US? Kellogg Brown & Root? took the estimated $2,000 million contract to build two LNG trains with combined capacity of 6.7 million tonnes a year. Subcontract bidding is gathering pace on the liquefaction plant element of the project, with evaluation of bids under way for two mechanical, electrical and instrumentation (MEI) packages, worth a total of $150 million.
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