Canada’s Kwispaa LNG and Hyundai Heavy Industries close deal for Front-End Engineering and Design for the Kwispaa LNG Project
Barcelona, Spain – The Kwispaa LNG Project achieved another significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG™ hulls.
This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG™ topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include:
- Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.;
- CB&I / Offshore Oil Engineering Co., Ltd. (COOEC); and
- TechnipFMC.
All FEED work is expected to commence in early 2019.
On September 19, at the Gastech Conference in Barcelona, representatives from Steelhead LNG, Huu-ay-
“This agreement with Hyundai Heavy Industries for two At-Shore LNGTM hulls again demonstrates the technological innovation and creative solutions that we are developing as part of the Kwispaa LNG Project to offer Asia-Pacific buyers with cleaner and competitively priced LNG from Canada,” said Steelhead LNG CEO Nigel Kuzemko. “Our goal is to help meet the world’s rising demand for LNG and reduce worldwide greenhouse gas emissions. At the same time, with our co-management partners, Huu-ay-
The award of this FEED contract is the start of the process leading to the construction of two At-Shore LNG™ hulls at a total price of US$500 million. The contract secures the price for the future construction of the At-Shore LNGTM hulls and allows for fair price adjustments for certain defined parameters that could change throughout the FEED process.
“As a global leader in the
Kwispaa LNG
The Kwispaa LNG Project is a proposed Canadian LNG export facility located at Sarita Bay on Vancouver Island, British Columbia on land owned by the Huu-ay-
Steelhead LNG
Steelhead LNG is a Vancouver-based energy company focused on developing the Kwispaa LNG Project, located on Vancouver Island, British Columbia, through a unique co-management relationship with the Huu-ay-
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