MANILA, Philippines--(BUSINESS WIRE)--The Atlantic Gulf & Pacific Company (AG&P), an industrial process outsourcing (IPO) firm, has been awarded a major contract to supply critical process modules to one of the world’s largest liquefied natural gas (LNG) undertaking, the Yamal LNG. Located in Sabetta, north-east of the Yamal Peninsula, the Yamal LNG is the first LNG development venture in the Arctic.
Following a competitive tender process, Yamgaz, the consortium designing and constructing the LNG plant, selected AG&P for its high capacity, advanced modular construction capabilities, stringent safety and quality standards and previous track record of successful project delivery. Leveraging its world-class fabrication and assembly expertise, AG&P will deliver some of the largest LNG modules ever built, accelerating project construction and minimizing the time to commercial operation.
“It is a privilege for AG&P to support the grand vision of Yamal LNG,” said Augusto G. Gan, Managing Director, AG&P. “AG&P’s selection is a result of the hard work of our outstanding people and is an example of the confidence the world is showing toward the Philippines. A significant milestone in the history of our company, AG&P looks forward to building these complex and exciting modules to the highest levels of safety and quality in our state of-the-art yards outside of Manila.”
AG&P expects to create thousands of jobs to service the Yamal LNG Project, providing significant value to the local economy.
This contract announcement follows other recent successes, including the successful deployment of the world-first Hydro Deck in Darwin to service the largest-ever construction project in Australia’s Northern Territory. The Hydro Deck, designed and operated by AG&P ALE Ventures Pty Ltd., an Australian-based consortium, is a mobile port solution capable of offloading large, fabricated modules or equipment onto project sites regardless of extreme tidal variations. It facilitates 24/7 roll-on, roll-off operations, significantly increasing module delivery windows and ensuring efficient, cost-effective and timely module delivery.
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About AG&P
AG&P is an industrial process outsourcing (IPO) company providing modular construction and project support services to the oil and gas, mining, power and industrial infrastructure sectors.
Operating in the Philippines from two major yards totalling over 150 hectares, the largest such modularization facilities in Southeast Asia, AG&P builds and delivers mission-ready modular solutions across the world, optimizing schedule, cost, quality and safety while enhancing the constructability, flexibility and reusability of critical infrastructure projects.
AG&P operates at the highest safety and quality standards and demonstrates a strong culture cultivated over its 114-year heritage. AG&P’s team of over 7,000 professionals, engineers and technicians work to deliver infrastructure where clients need it, when they need it. Further information can be found on the AG&P website at www.agp.ph.
