Petronas awards LNG project to Technip and Daewoo


Dateline 2012-06-05:

Malaysian state oil firm Petronas has awarded the engineering, procurement, construction, installation and commissioning (EPCIC) portion of its first commercial floating liquefied natural gas (LNG) project to a consortium comprising Technip SA and Daewoo Shipbuilding & Marine Engineering Co Ltd.

Petronas said yesterday it has approved plans to build a floating LNG plant offshore in Sarawak state, on Borneo island, and expected the facility to be ready for start-up by the end of 2015.

“It will be moored about 180 kilometres off the coast of Bintulu, Sarawak, and is designed to produce 1.2 million tonnes a year of LNG,” Petronas said in a statement today.

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