NextDecade Corporation has announced that it has received bid packages from each of Bechtel Oil, Gas, and Chemicals, Inc. and Fluor Corporation, two of the global LNG market’s leading engineering, procurement and construction (EPC) contractors.
The technical and commercial bid packages, which were received on-schedule, are for fully wrapped lump-sum turnkey (LSTK) EPC contracts for NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Following detailed evaluations of the Bechtel and Fluor bid packages, NextDecade expects to select a contractor and execute a fully wrapped LSTK EPC contract in the 3Q19.
McDermott, a third potential bidder, was required to finalise a joint venture partnership prior to submitting its bid. As a result of not having satisfied this condition, McDermott did not submit a bid package.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/23042019/nextdecade-receives-epc-bids-for-its-rio-grande-lng-project/