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2010 Press Releases-01

Tokyo, Japan - January 06, 2010

Yokogawa Completes Longevity Project Work on First Australian LNG Carrier and Receives Second Order

Operator Station on board

Operator Station on board

Yokogawa Electric Corporation announces that its Yokogawa Electric (Malaysia) Sdn. Bhd. subsidiary has completed the replacement of an LNG carrier’s integrated control systems (IAS) for cargo and machinery as part of a Longevity Project undertaken by the owner. Yokogawa also announces the award of a new order to carry out a similar replacement on one of this carrier’s sister ships.

About the Longevity Project

  • On behalf of International Gas Transportation Company Limited (IGTC), the Longevity Project is being carried out to refurbish and upgrade the LNG carriers’ hulls and onboard facilities to ensure that they can continue to operate safely well into the future. This work is being done in consultation with Northwest Shelf Shipping Service Company (NWSSSC).
  • Yokogawa’s role: The replacement of the integrated control systems (IAS) for cargo and machinery operations, including boiler control. This encompasses engineering, manufacturing, installation, and commissioning services for the CENTUM® VP Integrated Production Control System.
  • Project scope: IGTC plans to renovate a total of six LNG carriers in its fleet.

About the LNG Carriers

  1. Northwest Sanderling (Longevity Project work completed)
    In 2008, Yokogawa received the order for the replacement of the IAS that monitors and controls this LNG carrier’s cargo and machinery (boiler, electric power, and gas compressor) operations. Yokogawa began installation in June 2009 and completed all work, including functional testing, in just 75 days. For further information, please see our initial press release on the
    Longevity Project for this Australian LNG carrier.
  2. Northwest Snipe (new order)
    This second order was received in November 2009. Aside from the addition of a cargo emergency shutdown system, this order is identical in all respects to the first order. The main reasons why Yokogawa received this second order were its highly competent engineering capabilities, reliable products, and successful and on-time completion of the first project.

Yokogawa boasts a 22% market share with LNG liquefaction plant control systems and a 53% share with LNG receiving terminals. This latest order brings our LNG carrier total to 44.

Although growth of the worldwide control system market has been slowing down due to the current economic recession, prospects are bright in the Australian LNG market and many projects are underway in that country. Encouraged by this new order, Yokogawa will make all possible efforts to expand its global LNG business.

About Yokogawa

Yokogawa's global network of 19 manufacturing facilities and 85 companies spans 40 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 8,000 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa. For more information about Yokogawa, please visit our web site at www.yokogawa.com

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