Bechtel Corp. has been recruited as a candidate to build the delayed liquefied natural gas (LNG) export terminal on the Atlantic coast of Nova Scotia.
Project sponsor Pieridae Energy Ltd. said Wednesday that Bechtel accepted an assignment to review the eight-year-old export proposal and present an execution plan by March 31.
The agreement also requests a lump-sum price proposal for a complete engineering, procurement, construction and commissioning (EPCC) contract by May 31.
If an agreement is reached, Bechtel would replace KBR Inc., which dropped out of LNG facility work as the Covid-19 virus pandemic and soft commodity prices depressed the oil and gas industry earlier this year.
The pandemic also inflicted the latest in a series of setbacks on Goldboro LNG. In April, Pieridae cited Covid-19 in a decision to delay a final investment decision on the project, which was expected this year. When Pieridae announced the project in October 2012, it was estimated to cost $10 billion, and the 1.4 Bcf/d export project was expected to start operations in 2018.
Pieridae CEO Alfred Sorenson, described the arrangement with Bechtel as “a very positive step forward” for Goldboro LNG. “Bechtel has significant experience building and delivering global LNG projects, helping their customers deliver about 30% of the world’s LNG capacity over the past two decades.”Bechtel also is the contractor for Cheniere Energy Inc.’s LNG terminals, including the third production unit at the Corpus Christi facility. Work at the South Texas facility is progressing well ahead of schedule, with substantial completion expected in the first half of 2021. Bechtel also is working to bring online Train 6 at Sabine Pass, due fully online in 2023.
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