Brief: Nigeria LNG Signs LoI With Saipem In JV With Daewoo E&C And Chiyoda

Chiyoda Co

12/09/2019 06:05

Sept 12 (Reuters) - Saipem SpA  SPMI.MI :
    * JV DAEWOO AND CHIYODA SIGNED LOI EPC CONTRACT OF NIGERIA LNG TRAIN 7
    * NIGERIA LNG LIMITED SIGNED “LETTER OF INTENT” WITH SAIPEM IN JV WITH DAEWOO E&C CO. LTD
AND
CHIYODA CORPORATION
    * NIGERIA LNG LIMITED AND JV COMMITTED TO FINALIZE EPC CONTRACT ON EXCLUSIVE BASIS
    * SAIPEM’S SHARE IN THE SCD JV IS APPROXIMATELY 60%
    * SCOPE OF WORK IS ONE COMPLETE TRAIN AND ONE LIQUIFICATION UNIT WITH CAPACITY OF ABOUT
EIGHT (8)
MTPA

Source text for Eikon:  ID:nBIA7tCfwL 
Further company coverage:  SPMI.MI 

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