Saipem in talks to exit Novatek’s Arctic LNG 2 project

Italian contractor Saipem confirmed it is in talks to pull out of two EPC contracts related to Novatek’s Arctic LNG 2 export project currently under construction in Russia. The Arctic LNG 2 project located on the Gydan peninsula includes the construction of three LNG trains with a capacity of 6.6 mtpa, each, using gravity-based structure … Continue reading Saipem in talks to exit Novatek’s Arctic LNG 2 project