JGC, Fluor reportedly awarded $14bn EPC contract by LNG Canada

By Jonathan Dyble
Share
According to media outlet Nikkei Asian Review, Japanese engineering company JGC and US firm Fluor have been awarded a $14bn engineering, procurement and...

According to media outlet Nikkei Asian Review, Japanese engineering company JGC and US firm Fluor have been awarded a $14bn engineering, procurement and construction (EPC) contract for the design and construction of a major liquefied natural gas (LNG) project in Canada.

The contract has allegedly been awarded by LNG Canada, a joint venture comprised of Shell, PetroChina, KOGAS and Mitsubishi, with the JGC-Fluor consortium having been shortlisted for the contract in February alongside a partnership between TechnipFMC and KBR.

See also:

“LNG Canada will be in a position to make a public announcement of its preferred EPC contractor as soon as we receive final approval from our joint venture participants,” the company said in an emailed statement to Business in Vancouver. “Until then, LNG Canada cannot comment further.”

The project will see the selected contractors building a new LNG export facility in Kitimat, British Columbia that could boost global LNG supply by up to 10%.

Shell holds the majority stake in the project with 50%, alongside PetroChina (20%), KOGAS (15%) and Mitsubishi (15%).

In total, it is expected that project will cost $40bn – the country’s largest ever – with the partners previously having delayed the project in 2016 after energy prices declined and demand weakened.

With construction set to start later this year, it is forecast that the facility will be fully complete and operational by 2024.

Share

Featured Articles

How AI is Shaping Architecture, Construction & Engineering

Neil Davidson, Group VP of Deltek -- an architecture, construction and engineering specialist -- on the impact on AI and how the industry can be smarter

Aggreko: Power Supply Issues Hitting Offshore Wind Builds

Construction firms face challenges as McKinsey forecasts 630GW installed capacity by 2050, but Aggreko study reveals power supply chain gaps hinder develop

Electric Construction Machinery Growth 'is Significant'

Research firm IDTechEx predicts the battery market for electric construction machines is set to reach US$8 billion within a decade

NEC and Consult Australia Forge Contract Partnership

Construction Projects

Real Estate Giant Cushman & Wakefield Details Net Zero Path

Sustainability & Green Building

Gensler Leveraging Climate Tech for Built Environment

Sustainability & Green Building