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Wood Group wins FEED contract for Alexandroupolis LNG project

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LNG Industry,

Wood Group has announced that it has secured a front end engineering and design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) located offshore Greece.

The project involves the development of an LNG floating storage and regasification unit (FSRU), which will help create a new natural gas gateway to southeastern and central European markets.

Wood Group’s subsea team will carry out the design and engineering definition of the Alexandroupolis FSRU and its subsystems, which will support the project’s final investment decision (FID), which is planned for late 2017.

The CEO of Wood Group’s Specialist Technical Solutions business, Bob MacDonald, said: “This contract brings our global expertise and technical solutions to a new client and we look forward to working with Gastrade S.A. as the main engineering contractor for developing this FEED.

“Our subsea capabilities combined with the engineering proficiency of our people and cost-effective technical solutions, position us well to deliver this milestone European project.”

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LNG import news Offshore LNG news Natural gas news