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IHI & Kiewit JV Partnership Wins EPC Contract for Cove Point LNG Facility

  IHI & Kiewit JV Partnership Wins EPC Contract for Cove Point LNG Facility

Joint venture between IHI E&C and Kiewit to develop liquefied natural gas
facility at Cove Point to be completed in 2017

PR Newswire

HOUSTON, April 2, 2013

HOUSTON, April 2, 2013 /PRNewswire/ --Dominion Resources, Inc. and a joint
venture comprised of IHI E&C International Corporation, a wholly owned
subsidiary of IHI Corporation (TSE: 7013), and Kiewit Energy Company, have
entered into an engineering, procurement and construction (EPC) contract to
develop the Cove Point liquefied natural gas (LNG) facility located on the
Chesapeake Bay in Lusby, Maryland. The IHI/Kiewit joint venture will design
and construct, commission and start up an estimated (5.25) five million 250
thousand tonnes per annum (MTPA) liquefaction facility, with completion
expected in 2017.

(Logo: http://photos.prnewswire.com/prnh/20130402/DA86839LOGO)

IHI E&C successfully completed the front-end engineering design (FEED) portion
of the Cove Point liquefaction project in January, with support from Kiewit
Oil, Gas and Chemical North America Inc., prior to entering into the Joint
Venture relationship.

About IHI
IHI E&C provides engineering and construction services to the global oil and
gas industry, specializing in design, engineering, procurement, construction
and project management for the gas processing, LNG, power, petrochemicals &
chemicals, refining, synthesis gas and mining markets. IHI E&C is based in
Houston, Texas.

IHI Corporation (IHI) is a global engineering, construction and manufacturing
company with approximately 27,000 employees in more than 10 manufacturing
centres in Japan, 18 branches and sales offices in Japan, 14 offices and 142
subsidiaries worldwide. For more information, visit www.ihi.co.jp/en.

About Kiewit
April 1, 2013, Kiewit is one of North America's largest and most respected
construction and engineering organizations. With its roots dating back to
1884, the employee-owned company operates through a network of offices in the
United States, Canada and abroad. Kiewit offers construction and engineering
services in a variety of markets including transportation, water/wastewater,
heavy civil, power, oil, gas and chemical, building and mining. Kiewit had
2012 revenues of more than $11 billion and employs more than 30,000 staff and
craft.

For further information contact:
Brooke Anding, Communications Manager, IHI E&C
Tel: +1 713 409 7539, email: brooke.anding@ihi-ec.com

Bob Kula, Vice President, Corporate Communication, Kiewit
Tel: +1 402 943 5088, email: bob.kula@kiewit.com

SOURCE E&C International Corporation

Website: http://www.ihi.co.jp/en
 
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