Magnolia LNG has executed a technical services agreement with SK E&C USA, a wholly owned subsidiary of SK Engineering and Construction, of Korea (SKEC Group).
The TS Agreement relates to the ongoing engineering, procurement and construction activities for MLNG’s planned 8 million tonne per annum Magnolia LNG Project, in Lake Charles, Louisiana, United States.
Under the TS Agreement the SKEC Group will, among other things:
The SKEC Group has for some time been progressing several of the activities under a shorter term Letter of Engagement, which is now superseded by the TS Agreement.
SKEC Group has already completed a satisfactory detailed review of the OSMR® process technology, which will be employed in the Magnolia LNG Project.
The company’s managing director, Maurice Brand, said that the EPC activities remained on schedule with the SKEC Group and will be managed going forward by the recently appointed Chief Operating Officer, John Baguley, who will commence on the 1 May 2014.
“We also remain on schedule to lodge our application for Filing with the Federal Energy Regulatory Commissions (FERC) on the 30 April 2014,” said Brand.