Japanese LNG and energy engineer JGC forecasts upsurge and prospects for plant and terminal orders
JGC Holdings Corp., the Japanese energy and LNG engineering group whose current work includes the LNG Canada project and the Coral South floating LNG venture offshore Mozambique, posted lower net sales in the past fiscal year, though adjusted profits increased as it forecast a sector upsurge.
LNG firm JGC reforms
Sept 1 (LNGJ) - JGC Holdings Corp. said it had brought in structural reforms in JGC Holdings itself and JGC Corp., the unit that operates the overseas engineering, procurement and construction (EPC) business of the JGC Group.
JGC Corp., based in Yokohama, has been an industry leader in the construction of LNG production plants in countries such as Australia, Malaysia, Qatar and Russia. “The corporate reforms aim to accelerate business-supporting global sustainability and to reinforce the use of digital transformation (DX),” said JGC. “The Group seeks to enhance competitiveness of comprehensive engineering operations by streamlining project execution,” it stated.
