Fluor, JGC in $14-bln LNG Canada contract

Canada

IRVING, October 3, 2018 – Fluor Corporation and JGC Corporation have won a USD 14-billion engineering, procurement, fabrication and construction contract for the LNG Canada project, the US EPC contractor said on Tuesday.

“Fluor remains focused on delivering capital efficiency for our clients and we are excited that our joint venture team’s innovative solutions have helped to enable LNG Canada to achieve [a] final investment decision,” Fluor chairman and CEO David Seaton said. “We are committed to closely collaborating with LNG Canada and the local community to deliver this project safely and sustainably, and to meet client needs.”

The final investment decision for the USD 31-billion gas export project was also announced on Tuesday, though media reports about it surfaced early on Monday.

Shell is to operate LNG Canada with a 40% stake, alongside partners Petronas (25%), PetroChina (15%), Mitsubishi (15%) and Korea Gas (5%).