Samsung Engineering, KBR chosen to build Texas LNG plant
Texas LNG selected Samsung Engineering and KBR for the construction of its proposed 4 mtpa LNG export facility at the Port of Brownsville in South Texas.
The two companies will provide pre-final investment decision detailed engineering and post-final investment decision engineering, procurement and construction services, Texas LNG said in its statement.
Samsung Engineering, a minority equity owner and technical partner of Texas LNG, has already completed the conceptual study, pre-FEED and FEED for the project.
“Braemar Engineering, acting as Texas LNG’s owners’ engineer, together with Samsung Engineering and KBR, continues to identify value engineering enhancements to reduce project costs and optimize performance,” the statement reads.
Samsung Engineering and KBR will focus on value engineering and optimization for the proposed 4 mtpa export facility to be built in two 2 mtpa phases.
Pre-FID Detailed Engineering, expected to begin this year, will include further design and schedule optimization and all due diligence in relation to technical commercial and contractual matters that will enable Samsung Engineering and KBR to execute a lump sum turnkey EPC contract for the Texas LNG plant.
The agreements between Texas LNG and Samsung Engineering and KBR will be negotiated over the coming months.
In January, Texas LNG executed non-binding term sheets with four independent buyers in South East Asia and China for a volume of 3.1 million tons per year.
Final investment decision for the project is expected in 2018.