TechnipFMC wins contract worth £6.1billion for Russian LNG project

TechnipFMC has won a major contract with Russia’s Novatek worth £6.1billion.

The energy services firm will carry out engineering, procurement and construction for the Arctic Liquefied Natural Gas (LNG) 2 project located in the Gydan peninsula in West Siberia, Russia.

TechnipFMC said the deal was worth a consolidated value of £6.1bn to the company and comes following similar work on the Yamal LNG project in the country.

The development will consist of three LNG trains with a capacity of 6.6milllion tonnes per year, which will be installed on three gravity-based structure platforms.

The trains and topsides will be manufactured in Asian and Russian yards on a modular basis.

Nello Uccelletti, president onshore/offshore at TechnipFMC, commented: “We are extremely honored to be entrusted with this new contract by Novatek and its partners.

“We are leveraging our successful track record on the Yamal LNG project and notably the modular fabrication scheme. This project recognizes the experience and expertise of our teams as well as their capacity to deliver the most ambitious and innovative projects.

“It also confirms the leadership of TechnipFMC both in the LNG market and in the transition journey of the global energy industry.”

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