Mexico LNG Project Awards Technip USA a FEED Contract Award
Mexico Pacific Limited LLC (MPL) awarded a front-end engineering design (FEED) contract to Technip USA for its LNG project located on the West Coast of Mexico. The FEED contract is one of the final steps in moving the project into the construction and operation phase.
MPL said with a shorter shipping distance between Asia and its West Coast location, the project aims to be a low-cost geographic option for Asian LNG buyers. The 12 mtpa facility will be build on a 1,100-acre site in Puerto Libertad in Sonora, Mexico, and will be constructed using equipment supplied by Baker Hughes. The project will export gas from Arizona to Mexico and from there re-export LNG globally.
MPL company president and CEO Douglas Shanda said the project is on track for a final investment decision in early 2021 and expect to bring the facility into service in 2024.
No Project Sanctions Expected in Gulf of Mexico This Year
Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
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Petrofac Secures Well Management Contract for IOG Core Project Phase 1
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