McDermott bags Fujairah LNG terminal gig from Adnoc

UAE’s Abu Dhabi National Oil Co (Adnoc) said it has appointed Houston-based McDermott as the design contractor for its planned LNG export plant in Fujairah.

Following completion of the design stage, Adnoc expects to award an EPC contract in 2023, it said in a statement via its social media channels on Wednesday.

According to Adnoc, the Fujairah LNG terminal would have two 4.8 mtpa LNG trains, boosting the company’s LNG production capacity by 9.6 Mtpa, as it looks to respond to the growing global demand for natural gas.

Also, the plant would become one of the “world’s lowest carbon intensity LNG production facilities through incorporating new technologies and running on clean power,” Adnoc said.

Adnoc did not provide any additional information.

McDermott said in a separate statement on May 18 that the plant’s design would include electric drives for the liquefaction compressors.

It said that the company’s offices in London and the UAE would perform the front-end engineering design (FEED) for the Fujairah LNG facilities.

Adnoc’s LNG expansion

In December last year, Adnoc revealed plans to double its LNG production capacity from 6 to 12 million tons per annum, as part of a $127 billion capital spending plan for 2022-2026.

Adnoc LNG, a joint venture in which the UAE giant has a 70 percent stake, currently produces about 6 mtpa of LNG from its facilities on Das Island off the coast of Abu Dhabi.

McDermott also said it was involved in initial phases of Adnoc’s LNG development in the late 1980s, having built the storage facilities for both LNG and LPG on an EPC basis on Das Island.

In addition to the capacity expansion plans, Adnoc Logistics & Services, a unit of Adnoc, placed an order for two 175,000-cbm LNG carriers at China’s Jiangnan Shipyard.

Adnoc Logistics & Services currently owns eight LNG carriers built between 1994 and 1997.

(Updated with a statement by McDermott on May 18.)

Most Popular

Cheniere progresses commissioning of seventh Corpus Christi expansion train

US LNG exporting giant Cheniere is moving forward with commissioning activities at the seventh train of the Corpus Christi Stage 3 expansion project in Texas.

Seaspan, Stabilis terminate charter deal for LNG bunkering vessel

Canada's Seaspan Energy has exercised an option to terminate its previously signed charter agreement with Houston-based small-scale LNG player Stabilis Solutions for the 7,500-cbm LNG bunkering vessel Seaspan Garibaldi.

Venture Global’s shipping unit inks $1.5 billion vessel loan facility

Venture Global's unit Venture Global Shipping Holdings entered into a senior secured term loan facility of up to $1.5 billion.

More News Like This

Eni, XRG to join upstream part of YPF’s Argentina LNG project

Adnoc's investment unit XRG and Italian energy firm Eni have signed agreements with Argentina’s state-owned oil and gas company YPF to take part in the upstream segment of the Argentina LNG project.

BP, TotalEnergies take stake in UAE gas project

Energy giants BP and TotalEnergies and others have signed a concession agreement to develop the Adnoc-led Bab Gas Cap project in UAE's Abu Dhabi.

Adnoc L&S eyes more LNG carrier orders in China and South Korea

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, is expected to order more liquefied natural gas (LNG) carriers in China and South Korea soon, according to shipbuilding sources.

Adnoc Gas says Q1 net income drops to $1.1 billion

Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $1.1 billion in the first quarter of this year, a drop of 15 percent year-on-year due to disruptions caused by the ongoing Middle East conflict.