MELBOURNE, Australia, August 7, 2013 /PRNewswire/ --
Aggreko, the global leader in the supply of temporary power and temperature control, has begun installation of a power package to support construction of downstream development operations for the Papua New Guinea Liquefied Natural Gas (PNG LNG) project. The project, which seeks to develop Papua New Guinea's natural gas reserves, is jointly owned by four Asian LNG customers: China Petroleum and Chemical Corporation (Sinopec), Osaka Gas Company Limited, The Tokyo Electric Power Company Inc., and Chinese Petroleum Corporation.
Aggreko has been awarded the contract to provide a 4 MW power package to enable the timely commissioning of electrical pumps and compressors until utility power becomes available for the LNG plant. The contract was awarded by Kanto Sangyo Co., which is subcontracted to the Chiyoda JGC Joint Venture as the main contractor of the PNG LNG project.
"The Aggreko team in Japan has a strong relationship with Kanto Sangyo Co., a construction equipment company with a long service history to Chiyoda and JGC. Since the project is located in Papua New Guinea, it was essential to provide localised insight combined with global expertise, into the requirements for the PNG LNG development" said George Whyte, Managing Director for Aggreko's Australia, New Zealand, Pacific Islands and Papua New Guinean operations.
"The project required a package that was tailored to the specific requirements of the site. Our downstream oil and gas experts were instrumental in a scoping discussion held at Chiyoda joint venture headquarters in Yokohama, Japan, drawing on years of experience in designing power and temperature control packages for the very specific and specialised needs of the sector."
The project highlights the ability of large scale, global power rental companies like Aggreko to step in and provide reliable solutions on a local basis, ensuring business continuity and minimal down-time.
Notes for Editors
Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 5,700 people operating from 194 locations. In 2012 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.5bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE-100 index, and is headquartered in Scotland. For more information, please visit the company website at http://www.aggreko.com
Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 194 service centres, which we call the Local business, or globally through our International Power Projects business.
In the Local business, which accounts for about half of our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the International Power Projects business, which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.
Recent customers include the London 2012 Olympic and Paralympic Games, the Vancouver 2010 Olympic Winter Games and the power utilities in over 50 countries including the UK, France, Angola, Kenya, Indonesia, Bangladesh, Venezuela, Chile, Brazil and the USA.
In 2012 we fulfilled almost 45,000 customers' assignments and 70% of those who responded to our research gave us a recommendation of 9 or 10 out of 10.
For more information, please visit our Australia website at: http://www.aggreko.com.au