Ground breaking took place last month for phase I of the Jurong oil and petrochemicals rock cavern in Singapore, and a consulting JV was appointed to perform basic engineering and construction management.
The 1.47M m³ cavern complex is to be built at Jurong Island, which a major refining and petrochemicals hub in Asia. Client JTC Corporation is investigating the second phase which could see an additional 1.3M m3 of storage created.
A JV of France-based Geostock and local firm Jurong Consultants has been hired for US$12.4M to do basic engineering and manage construction. Geostock was involved in preliminary planning, according to its annual report.
The detailed design and construction contract will go out to tender soon, and award is due in the fourth quarter of this year.
