Market Research Logo

JTC – Jurong Rock Cavern Development – Banyan Basin - Project Profile

JTC – Jurong Rock Cavern Development – Banyan Basin - Project Profile

Synopsis

"JTC – Jurong Rock Cavern Development – Banyan Basin - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "JTC – Jurong Rock Cavern Development – Banyan Basin - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

JTC Corporation (JTC) is planning to undertake the Rock Cavern project at Jurong Island in Singapore.

The project involves the construction of an underground liquid hydrocarbon storage facility and is being implemented in two phases.

The first phase includes the construction of five caverns for a total storage volume of nearly 1.47 million m3, 8km of tunnels, a jetty comprising three berths and nine storage galleries, which is further divided into two phases Phase 1A and phase 1B.

Phase 1A involves the construction of two caverns with a net storage capacity of 480,000m3 (one cavern of 150,000m3 and one of 330,000m3).

Phase 1B involves the construction of three caverns with a net storage capacity of 990,000m3 (each cavern of 330,000m3).

Petchem E&I Pte. Ltd has been awarded the US$13 million contract for the supply of electrical equipment and for the Instrumentation works for the Phase 1A.

The second phase includes the construction of storage facility with an additional storage volume of 1.47 million m3.

GK-JCPL Consortium, a consortium of Surbana Jurong and French engineering firm Geostock has been appointed for basic engineering design and construction management services.

The consortium of Multiconsult AS, Sintef and Tritech Consultants has been appointed as the project manager, Beca Group as the consulting engineer, Knights Synergy (S) Pte Ltd as the civil sub-contractor and Pan-United Corporation Ltd as the concrete supply sub-contractor for the first phase of the project.

The project has been delayed twice due to the selection of contractors for the first phase tunnels and caverns.

Parsons Brinckerhoff has been appointed to undertake detailed civil and structural design of five underground storage caverns and the associated underground and above ground facilities for the first phase of the project.

Entrepose Group has been appointed as Geoscience engineer, Operation & Maintenance and HSE Management consultant.

In February 2007, JTC held the groundbreaking ceremony for the first phase of the project. Sato Kogyo (S) Pte Ltd was awarded the design-build contract for the access shafts and start-up galleries.

In April 2009, Hyundai Engineering & Construction Co. was awarded the US$594 million design-build contract for the first phase.

Antara Koh Pte Ltd has been appointed as EPC contractor for the jetty works of the first phase.

In January 2014, JTC awarded the operate and maintain contract to Banyan Caverns Storage Services Pte Ltd (BCSS) – formed by Vopak Terminals Singapore (45%), Geostock, a subsidiary of VINCI subsidiary Entrepose Contracting (35%), and JURONG Consultants (20%) for a period of 15 years for first phase.

In 2013, construction work on the first two caverns of the first phase was completed with a capacity of 0.48 million m3.

In September 2014, construction work on the first phase was completed and officially opened.

The second phase of the project is in early stages of development. The exact timelines for the execution of the project is yet to be revealed.

Scope

The project involves the construction of an underground liquid hydrocarbon storage facility on Jurong Island in Singapore.

The US$2,490 million project includes the following:

Phase I:

1. Construction of 1.47 million m3 capacity storage facility

2. Construction of 8km tunnels

3. Construction of five caverns

4. Construction of a jetty

5. Construction of three berths

6. Construction of nine storage galleries

Phase II:

1. Construction of 1.47 million m3 capacity storage facilityReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report