Petronas Awards FEED Contracts for Sabah's Nearshore LNG Project
12/1/2021
Petronas - Press release Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to SAIPEM Spa as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah. The project, with a minimum capacity of 2.0 million tonnes per annum (MTPA) is a first of its kind in Malaysia. The FEED design competition is expected to take place over the course of 10 months with the Final Investment Decision (FID) planned for end of 2022. Subject to FID, the winning FEED contractor will be rolled over to the Engineering, Procurement, Construction and Commissioning (EPCC) phase.