$30 billion LNG project nears FID: Saipem confirms preliminary award shortly after McDermott

Following a project update from its joint venture partner, McDermott, Italy’s engineering, drilling, and construction services giant Saipem has corroborated the progress made in moving forward with the next phase of one of Africa’s most closely watched liquefied natural gas (LNG) developments, as new activity signals continued momentum toward a final investment decision (FID) for Mozambique’s multibillion-dollar LNG project. The post $30 billion LNG project nears FID: Saipem confirms preliminary award shortly after McDermott appeared first on Offshore Energy .