NextDecade receives EPC bids for Rio Grande LNG project
HOUSTON--(BUSINESS WIRE)-- NextDecade Corporation (NextDecade) announced that it has received bid packages from each of Bechtel Oil, Gas, and Chemicals, Inc.(Bechtel) and Fluor Corporation (Fluor), two of the global LNG market’s leading engineering, procurement, and construction (EPC) contractors.
 |
| NextDecade’s Rio Grande LNG export project in Brownsville, Texas. (Map Source: EWA) |
The technical and commercial bid packages, which were received on-schedule, are for fully wrapped lump-sum turnkey (LSTK) EPC contracts for NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Following detailed evaluations of the Bechtel and Fluor bid packages, NextDecade expects to select a contractor and execute a fully wrapped LSTK EPC contract in the third quarter of 2019.
McDermott, a third potential bidder, was required to finalize a joint venture partnership prior to submitting its bid. As a result of not having satisfied this condition, McDermott did not submit a bid package.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
Comments