Angola LNG group lets FEED contract

The Angola LNG project consortium awarded front-end engineering design (FEED) contracts for a 5 million-tonne/year gas liquefaction plant to be built near Soyo in northern Angola, reported ChevronTexaco Corp.

April 27, 2005

By OGJ editors

HOUSTON, Apr. 27 -- The Angola LNG project consortium, after recently signing natural gas supply agreements, has awarded front-end engineering design (FEED) contracts for a 5 million-tonne/year gas liquefaction plant to be built near Soyo in northern Angola, reported ChevronTexaco Corp.

The contracts were awarded to Overseas Bechtel Inc. and a group consisting of Kellogg Brown & Root Inc., Houston; JGC Corp., Yokohama; and Technip USA Corp.

Work is to begin immediately on the 15-month program, after which a final investment decision will be made.

Angola LNG is a joint development of state-owned Sonangol EP (22.8%) and local affiliates of ChevronTexaco (36.4%) and ExxonMobil Corp., Total AS, and BP PLC (13.6% each).