Nigeria LNG signs Train 7 EPC deal

Nigeria LNG took a major step forward by signing the EPC contract for its Train 7, with the country’s petroleum minister announcing the deal on Wednesday.

“The construction phase of Train 7 can now commence in earnest,” Chief Timipre Sylva, minister of state for petroleum resources, said.

The contract was awarded to a consortium of Saipem, Chiyoda and Daewoo, with a total value of more than USD 4 billion, according to Saipem.

The addition of the seventh train is slated to increase NLNG’s capacity from 22 million to 30 million tonnes per year.

“I don’t know of any African country that has a seven-train LNG facility,” Minister Sylva told The Energy Year in April, hailing the country’s role as a leading gas player on the continent.

Recent Posts

Iberdrola to triple offshore wind assets to $18 billion

Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More

12 hours ago

Angola’s Azule Energy awards Saipem $850-million contract

Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More

17 hours ago

Arrow Exploration spuds new well in Colombia

Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More

24 hours ago

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

2 days ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

2 days ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

2 days ago

This website uses cookies.