Engineering firm AG&P Industrial (Atlantic, Gulf & Pacific Company of Manila Inc.) said it has close to $1 billion worth of contracts in the pipeline and is expanding its services and range of industries to which it caters.
Alex Gamboa, president and managing director of Global Business Development, AG&P Industrial, and chief executive officer of AG&P Americas, bared this in a virtual press briefing on June 11 after the company announced the completion and shipment of 120 modules for INEOS’ Project ONE, an ethane cracker facility in Port Antwerp, Belgium.
Gamboa said INEOS’ Project ONE, valued at 4 billion euros, is Europe’s largest chemical investment in over two decades.
AG&P Industrial describes itself as a full-asset lifecycle engineering, procurement, fabrication, construction, installation, and commissioning infrastructure development and operations and maintenance company.
AG&P Industrial is one of the businesses of AG&P International Holdings Pte. Ltd headquartered in Singapore. The other business lines are LNG Technology and City Gas Distribution, according to the company’s website.
Gamboa declined to elaborate on the pipeline contracts but said these will be undertaken over the next two to three years.
Ongoing projects include a desulphurization project in Queensland, Australia, he said.
He added that AG&P Industrial is starting new energy terminals in Africa and in the Pacific islands.
Simultaneously, Gamboa said, the company is doing some projects in the Philippines.
“We are pursuing major projects in the US, Europe and Australia. We are signing some of the contracts in the next couple of months. We will make specific announcements on those, especially a major partnership in Australia,” he added.
According to Gamboa, AG&P Industrial’s direction is to increase and expand the services it provides to its customers that will now include process engineering, detailed engineering, fabrication, procurement, and construction.
“We’re taking larger roles in these major projects. Gone were the days that AG&P only provided fabrication and construction services,” Gamboa said.
AG&P Industrial is also expanding into different industries it caters to, he said, from traditional hydrocarbons and traditional oil and gas to now include liquefied natural gas and other renewable energy projects in hydroelectric and geothermal.
Gamboa said AG&P Industrial will soon announce a project in Australia involving a sustainable aviation fuel project.
He said business in the United States through AG&P Americas, which is a fully-owned subsidiary of AG&P Manila, targets to increase its manpower of 300 Filipino skilled workers and engineers to 500 by the end of the year.
“Our business there (in the US) continues to grow. On top of the work that we do for our clients and other fabricators in the US, we’ve also signed up an alliance with a major Texas yard to increase our footprint in the Americas,” he added.
He said the company is also focused on expanding in Europe, Africa and the Middle East but he did not elaborate.
Gamboa said in the Philippines, AG&P Industrial completed last month a major expansion for cement firm Cemex and is doing three projects for Shell Philippines, among others.
“We will maintain our presence here in the Philippines as a leading electromechanical, energy and industrial infrastructure company,” he added.
The company has 3,000 workers in the country.
Selected from among the top 15 global fabrication yards, AG&P Industrial delivered the modules to the INEOS’ Project One with zero defects, zero carry-over works, and zero lost-time injury, the company said. Gamboa said the “modules built in AG&P Industrial in Batangas now form the backbone of Europe’s most advanced ethane cracker.”
