Customer :
JTC Corporation
Role :
Engineering & Storage operator
Key date :
Commissioning 2013
Location :
Jurong, Singapore, Singapore
Description of the Project
1.5 Mm3 Liquid Hydrocarbons (Naphtha – Condensates – Crude Oil) in Mined Caverns under the Bayan Basin (Jurong Island) – Singapore
Work done and added value of our solution
Phase 1 : 5 caverns – 2 in operation
- Assistant to owner for caverns creation with JCPL (Jurong Consultants P.L)
- Feasibility study
- Business model & Market study
- Basic engineering design – D&B contractor selection
- Construction supervision and subsurface Equipment
- Storage Operation
Phase 2 : 5 caverns in projet
- Engineering studies
Storage Operation:
- Banyan Caverns Storage Services (Ownership structure: VTS:45% – Geostock 35% – JCPL 20%)
- Storage operation : 2014-2029 (15 years)
Scope of work:
- BCSS : General Management/Operation & Maintenance/HSE Management
- Geostock: Specialized & general assistance / Geoscience engineer on site
