NLNG has taken Final Investment Decision (FID) for its Train 7 Project. Commencement of project construction is expected after the EPC Contracts have been signed.
The EPC phase involves the design, procurement, construction, commissioning and handover of the Train 7 project.
The search for an EPC contractor for Train 7 began in July 2018 with the signing of Front End Engineering Design (FEED) with two consortia in a Dual FEED Process.
The consortia, B7 JV Consortium and SCD JV Consortium, participated in the Dual FEED Process which led to their bidding to construct the train.
In September 2019, NLNG made a significant step towards the FID with the issuance of a Letter of Intent for the EPC Contracts of the project to SCD JV Consortium. The Consortium is made up of Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea.
The Letter of Intent expresses the intention to award the main EPC Contract for the Train 7 Project, subject to signing of the terms, to the preferred bidder after a contracting process that has been transparent, and in full compliance with all applicable laws and good industry practices.
The signing dates of the contracts will be announced soon.