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

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

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

More News Like This

McDermott bags Monkey Island LNG gig

Houston-based McDermott has secured a contract from Monkey Island LNG for its planned natural gas liquefaction facility in Cameron Parish, Louisiana.

Woodfibre LNG says project cost climbs to $8.8 billion

Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, now expects that the construction of its 2.1 mtpa LNG export facility near Squamish, British Columbia, will cost $8.8 billion. Woodfibre LNG initially expected the construction of the facility would cost $5.1 billion.

Inpex launches Abadi LNG FEED work

Japan's Inpex has launched the front-end engineering design (FEED) work for the Abadi LNG project in Indonesia. The contractors include Technip Energies, JGC, Saipem, Tripatra, McDermott, and Worley.

Construction moving forward on Woodfibre LNG terminal

Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, is making progress with construction work on its LNG export facility near Squamish, British Columbia.