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SBM-JGC rumoured to win FLNG contract

BRAZZAVILLE , February 24, 2017 – A consortium of SBM Offshore and Japan’s JGC is likely to be selected as the preferred contractor for NewAge’s Marine 12 FLNG project offshore Republic of Congo, industry watchers said on Friday.

The winner of the contract must carry out engineering work on the project before submitting a final price and receiving a final investment decision, expected in Q3 2017. Following the decision, construction activities would begin with first production expected in 2020-2021.

 

NewAge has the option to build a second FLNG, and if exercised it is likely to have similar specifications to the first.

Jean-Paul Bidiet, country representative of NewAge Congo, told TOGY the Asian market is of particular interest in terms of exports.

“We have done marketing studies for the export market in the coming years, and the Asian market is especially interesting. It is the reason why we are already working on floating LNG replication projects in Cameroon and Nigeria.”

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