Scandoil  

Magnolia LNG signs EPC MOU with KBR & SKEC


Published Jan 20, 2015
[an error occurred while processing this directive]

Edit page New page Hide edit links

Magnolia LNG signs EPC MOU with KBR & SKEC
Magnolia LNG signs EPC MOU with KBR & SKEC

Liquefied Natural Gas Limited says that its wholly owned subsidiary, Magnolia LNG LLC (MLNG), has executed a Memorandum of Understanding (MOU) with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR, Inc. (KBR) and SKE&C USA, Inc, (SKEC) whereby KBR and SKEC propose to execute a Joint Venture Agreement (JVA) on a 70/30 percent participation basis to deliver the 8 mtpa four train Magnolia LNG Project.

The MOU follows the execution of a Technical Services Agreement with SKEC in March 2014 and a subsequent Technical Services Agreement with KBR that was announced on the 5 January 2015.

Under the Technical Services Agreements the parties will complete all due diligence in relation to technical commercial and contractual matters that will enable the EPC JV to execute a lump sum, turnkey engineering, procurement, construction, commissioning, start-up and performance testing EPC Contract for the LNG plant.

Tags: Liquefied Natural Gas Limited




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml