JGC-led consortium awarded refinery and petchem contract in Vietnam

A consortium comprising JGC; Chiyoda; Technip; and the Korean contractors GS Engineering & Construction, and SK Engineering & Construction has been awarded a contract for the previously announced Nghi Son refinery and petrochemical project in the Nghi Son economic zone, in northern Vietnam. Nghi Son Refinery & Petrochemical is a $9-billion joint venture planned by Idemitsu Kosan, Kuwait Petroleum International (KPI), PetroVietnam (Hanoi), and Mitsui Chemicals. Idemitsu and KPI each has a 35.1% stake in the project, PetroVietnam holds 25.1%, and Mitsui...

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