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Press Release - March 25, 2015

Tokyo, Japan - March 25, 2015

Yokogawa Wins Control System Order for PETRONAS's Second Floating LNG Facility
A boost to the company's marine control business

Yokogawa Electric Corporation announces that its affiliate, Yokogawa Kontrol (Malaysia), has received an order from a consortium comprising JGC Corporation (Japan) and Samsung Heavy Industries (South Korea) that will supply control systems and safety instrumented systems for PETRONAS's second floating liquefied natural gas (FLNG) facility, PFLNG2.

Under the terms of the contract, Yokogawa Kontrol (Malaysia) will deliver an integrated control & safety system (ICSS) for the monitoring and control of the liquefaction facilities and storage tanks on PFLNG2. The ICSS will consist of a Yokogawa CENTUM® VP integrated production control system, a ProSafe®-RS safety instrumented system, a Plant Resource Manager (PRM®) package, a plant information management system, and other components. Yokogawa Kontrol will also be responsible for engineering, and the support of installation, commissioning, and training.

The PFLNG2 facility will be moored offshore of Sabah, Malaysia, and is designed to produce 1.5 million tons of LNG a year, with production scheduled to start in early 2018.

An FLNG facility is a new type of LNG plant that performs all operations at sea, starting with the routing of natural gas from offshore gas fields and including the refining, liquefaction, storage, and transfer of this resource onto LNG carriers. FLNG is attractive because the technology does not require the acquisition of land or laying of pipelines, making it suitable for small to medium-sized offshore gas fields that are deemed economically unfeasible to develop.

Since its establishment in Malaysia in 1989, Yokogawa Kontrol (Malaysia) has developed a solid global track record and extensive know-how of LNG processing plants, LNG carriers, FPSO vessels, and other types of offshore facilities. It has delivered numerous control systems to PETRONAS production facilities.
In 2013, Yokogawa set up an organization that is dedicated to the growing marine resource business, as part of its efforts to expand its control business in this sector and offer the latest technology solutions to its customers.

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About Yokogawa

Yokogawa's global network of 86 companies spans 56 countries. Founded in 1915, the US$4 billion company conducts cutting-edge research and innovation. Yokogawa is engaged in the industrial automation and control (IA), test and measurement, and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. For more information about Yokogawa, please visit the company's website www.yokogawa.com.


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