Japan’s Chiyoda nets Abu Dhabi digital LNG contract

Image courtesy of ADNOC LNG

Japan’s Chiyoda Corporation has signed a deal with Abu Dhabi’s LNG producer and operator, ADNOC LNG to provide digital technologies, including artificial intelligence and big data analysis for the Das Island LNG facilities.

The memorandum of understanding was signed on April 29 in Abu Dhabi.

Under the deal, Chiyoda’s solutions will be integrated with the AI technologies of its strategic alliance partner, GRID Inc.

The applied digital technologies “will increase the value of ADNOC LNG assets through optimized plant operation and maintenance and improved production efficiency,” according to a Chiyoda statement.

Established in 1973, ADNOC LNG was the first LNG production company in the region.

The company is majority owned by ADNOC, which has a 70% share of the company, with other shareholders being Mitsui & Co (15%), BP (10%), and Total (5%).

Chiyoda noted in the statement that its core business of engineering, procurement and construction (EPC) of LNG plants has further flourished into a primary source of profit since its first LNG project for ADNOC LNG in 1976.

With the latest contract for its inaugural LNG plant, Chiyoda said it was striving to “achieve the goal of technology and business innovation (developing a new business model for a digital society)” in the company’s medium-term plan.

Share this article

Follow LNG World News


<< Sep 2019 >>
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >