AmericasContracts and Tenders

Canada’s Woodfibre LNG tells McDermott to begin work on its export project

By LNG Prime Staff
Canada's Woodfibre LNG tells McDermott to begin work on its export project
Image: McDermott

Canada’s Woodfibre LNG, a unit of Pacific Energy, said it has issued a notice to proceed to US contractor McDermott to start work on its 2.1 mtpa LNG terminal in British Columbia.

“This notice to proceed is an instruction from Woodfibre LNG to McDermott to begin the work required in order to move the project toward major construction commencement in 2023,” the company said in a statement on Thursday.

In November last year, Woodfibre LNG awarded the engineering, procurement, fabrication, and construction (EPFC) contract to McDermott.

The US firm would manage onshore construction of the facility with floating storage of about 250,000 cbm located about 7 km west-southwest of Squamish.

Woodfibre LNG said in the new statement it expects to reach substantial completion of the plant powered with renewable hydroelectricity in 2027.

The LNG terminal developer did not provide any additional information.

Woodfibre LNG has not yet announced a final investment decision on the project.

It recently said it would spend $500 million on its planned 2.1 mtpa LNG terminal this year.

Most Popular

Contracts and Tenders

Technip Energies scores Malaysian LNG gig

French LNG engineer Technip Energies has secured a contract for Gas Malaysia's planned FSRU-based LNG terminal in Yan, Kedah.
Contracts and Tenders

Venture Global to sign multiple LNG deals by year-end, CEO says

US LNG exporter Venture Global LNG anticipates signing multiple additional LNG supply contracts by the end of this year, according to CEO Mike Sabel.
Corporate

Venture Global’s Q2 revenue reaches $4.58 billion, net income jumps

US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
spot_img

More News Like This

Contracts and Tenders

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.
LNG Terminals

Construction progresses on Woodfibre LNG terminal

Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, continues to progress construction on its 2.1 mtpa LNG export facility near Squamish in Canada's British Columbia.
LNG Terminals

Canada’s Woodfibre LNG project 65 percent complete

Woodfibre LNG's 2.1 mtpa LNG export facility near Squamish in Canada's British Columbia is 65 percent complete following the arrival of its powerhouse module at the site, the 16th module delivered for the project to date.
LNG Terminals

Woodfibre LNG project almost 60 percent complete

Woodfibre LNG's 2.1 mtpa LNG export facility near Squamish in Canada's British Columbia is almost 60 percent complete following the arrival of two major modules this weekend.