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Nigeria LNG awards $4 billion EPC contract to Saipem
May 14, 2020
Source: Reuters

Nigeria LNG awards $4 billion EPC contract to Saipem

Nigeria LNG has awarded an EPC contract (Engineering, Procurement & Contract) for Train 7 project to Italian contractor, Saipem. The long-awaited project is expected to boost Nigeria’s liquefied natural gas (LNG) output by more than 30%. Saipem claimed that the overall value of the contract was above $4 billion, with its share at roughly $2.7 billion. With the LNG production declining, this deal might change the course of things.

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