NLNG awards $10bn Train-7 EPC contract to Saipem, Daewoo, Chiyoda.

The Nigeria Liquefied Natural Gas Company, NLNG, announced that SCD Joint Venture, JV, Consortium, comprising Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea, has emerged the preferred bidder for its Liquefied Natural Gas Train 7 project.

The announcement was made by the Managing Director of the Nigeria LNG, Mr. Tony Attah, at the Letter of Intent Signing Ceremony in Abuja.

He noted that with the presentation of the Letter of Intent to the SCD JV Consortium, the group had been awarded the contract to undertake the Engineering, Procurement and Construction, EPC, for the Train 7 project

He said, “Those in the service industry are not left out with the target to assemble over 70 percent of all non-cryogenic pumps and control valves in-country. Other spin-off opportunities include logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage, and many more. “The target job numbers are very exciting.  At its peak, the project will provide over 40,000 direct jobs and over 100,000 indirect and induced employment of over 100,000 workers. “Beyond the project, there is also huge scope for local businesses to build capabilities in the maintenance of LNG plants especially in the area of cryogenics.

Source: http://bit.ly/2lh0JBv

SNC-Lavalin wins $39m deal from Adnoc-CNPC’s Al Yasat Petroleum

Canada-headquartered SNC-Lavalin has been awarded a general engineering, project management, and technical support services contract from Al Yasat Petroleum, a joint venture of Abu Dhabi National Oil Company (Adnoc) and China National Petroleum Corporation (CNPC), with an estimated value of $39.2m (AED144.1m).

Al Yasat Petroleum’s onshore concession area is located to the southwest of Abu Dhabi and spans 7,800 km², while its the offshore concession area is located to the northwest of the UAE capital and covers six fields with a total area of 582 km².

The offshore area consists of fields at Bu Haseer, Belbazem, Umm Al Dholou, Umm Al Salsal, and Yaser.

Under the three-year agreement, extendable for two years, SNC-Lavalin will partner with Al Yasat Petroleum through its engineering and project support arm, in line with Al Yasat Smart Growth Operating Model.

The scope of SNC-Lavalin’s contract includes conceptual studies and design, front-end engineering and design (Feed), execution planning, detailed engineering for small works, and specialised studies

Source: http://bit.ly/2mfyPWW