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Technip wins major Yamal LNG deal

Paris, May 15, 2014

Technip has confirmed that with its partners it has been awarded the engineering, procurment and consturction contract for the Yamal LNG project in Russia.

The liquefied natural gas facility will have a capacity of 16.5 million tons per year (mtpy). The project will comprise three liquefaction trains of 5.5 mtpy that are among the world's largest and will make extensive use of modularised construction in yards, a statement said.

Technip, for the past 14 months, has been involved in providing project planning, detailed engineering, estimation and procurement work for the client. This early engagement gives a comprehensive understanding of the project, around which the project execution plan has been built. Handover of the first train is planned for 2017.

The scope of work will consist of: engineering, procurement and module fabrication on a fixed-price basis; and site construction on a reimbursable basis.

Technip will recognise order intake estimated at euros 4.5 billion across the second and third quarters 2014, the statement said. - TradeArabia News Service
 




Tags: LNG | Russia | Technip | Yamal |

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