SDC JV to Develop Niger Delta

Nigeria LNG Train 7 Project

Energy producer Nigeria LNG has signed a letter of intent with a consortium of engineering specialists for the development of the Nigeria LNG Train 7 Project.
The joint venture, comprising engineering firms Saipem, Daewoo and Chiyoda, will carry out all engineering, procurement and construction work at the Bonny LNG plant. Activity is expected to spur breakbulk demand across Nigeria's Niger Delta as construction ramps up.
“With Train 7 on board our operation, we can consistently continue to deliver on our vision of being a global LNG company helping to build a better Nigeria. We can only achieve this by sustaining our relevance in the global LNG market and in turn continue to contribute significantly to the economic base of the nation,” said Tony Attah, managing director of the Nigeria LNG.

8 MTPA Capacity

As the majority shareholder in the joint venture, Saipem retains a 60-percent stake and will lead development of the LNG train and associated utilities and infrastructure.

“The scope of work of the proposals submitted by the SCD JV includes execution of the engineering, procurement and construction of one complete train and one liquefaction unit with a total capacity of approximately 8 million tonnes per annum,” a spokesperson for Saipem said.

Headquartered in Italy, Saipem provides onshore and offshore breakbulk transport, drilling services, engineering and installation of pipelines and complex projects worldwide. The deal has been agreed on an exclusive basis with final terms conditional upon stakeholder approval from Nigeria LNG and governmental or regulatory authority sanction.

Anyala, Madu Platforms

The letter of intent builds on growing interest in oil and gas production in the Niger Delta, with offshore developer Aquaterra Energy signing a deal last year to develop design and install platforms in the Anyala and Madu fields.

Focusing on Oil Mining Leases 83 and 85, managed by state-owned Nigerian National Petroleum Corp., this contract will see extensive breakbulk transport completed in water depths of between 35 and 55 meters.
“With six Sea Swift platforms operational globally, including four offshore Africa, our team has the breadth of experience and technical know-how to solve client challenges like these in a safe, cost-effective and timely manner,”Stewart Maxwell, technical director at Aquaterra Energy.
The partners will utilize Sea Swift’s modular offshore platform system that combines an offshore platform with the rig-run benefits of a subsea development.