Manufacturing Industry

IRAN: Joint venture construction contract award for planned 3 million standard foot per day gas development project, DAELIM INDUSTRIAL CORP. [South Korea], TOYO ENGINEERING CORP. (TEC), JGC CORP. [Japan] & INDUSTRIAL DEVELOPMENT & RENOVATION ORGANIZATION (IDRO) [Iran] - Order #: 126103.

WWP- Report on Oil Gas & Petrochemicals in the Developing World, December, 2003

PROJECT OVERVIEW:

The local PETROPARS LTD. recently awarded a gas field development contract consisting of the phases 6, 7 and 8 onshore facilities to an international joint venture. The partners in the planned undertaking include DAELIM INDUSTRIAL CORP. of South Korean, Japan-based TOYO ENGINEERING CORP. (TEC) and JGC CORP. in conjunction with the INDUSTRIAL DEVELOPMENT & RENOVATION ORGANIZATION (IDRO) of Iran.

According to the terms of the award, the partnership will be responsible for the provision of engineering, procurement and equipment supply, erection, construction, pre-commissioning, commissioning, start-up and performance runs. The scope of the work includes the installation of 6 trains with an installed production capacity of 500,000...

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