JGC Corp. and Hyundai Engineering & Construction selected as EPC contractor for Papua LNG project in Papua New Guinea

JGC Corp. and Hyundai Engineering & Construction Co., Ltd have been selected as the Engineering, Procurement, and Construction (EPC) contractors for the Papua LNG project, a major low-carbon liquefied natural gas (LNG) plant in Papua New Guinea. The project is being developed by TotalEnergies in partnership with venture partners, marking a material step in the country's energy infrastructure expansion. The EPC contract covers the construction of the LNG plant, which is part of a broader initiative to develop low-carbon LNG facilities in the region. TotalEnergies, as the lead developer, will oversee the project's execution, leveraging the expertise of the two EPC contractors to ensure timely and efficient delivery. The project is expected to enhance Papua New Guinea's position as a key LNG exporter while supporting the global transition to lower-carbon energy sources. No financial terms or completion timelines were disclosed in the announcement.

Counterparts (3)

EPC Contractor

Hyundai Engineering & Construction Co., Ltd

company

South Korea-based global engineering and construction firm specializing in large-scale infrastructure, energy projects, and building development. Operates across 100+ countries with a focus on highways, railways, marine/offshore structures, power plants, and renewable energy projects.

JGC

company

JGC Holdings Corporation is a global engineering, procurement, and construction (EPC) company. They provide comprehensive solutions for a wide range of infrastructure projects, including energy, chemicals, and social infrastructure.

Developer

TotalEnergies

company · 16 deals

TotalEnergies is a global integrated energy company that produces and markets energies. They provide energy that is more affordable, sustainable, reliable and accessible.