Knightsedge Nigeria Limited is an approved vendor in the ongoing NLNG Train 7 project.
Nigeria LNG Limited (NLNG) awarded the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project to SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo on 13th May 2020.
The execution of the EPC Contracts triggered the commencement of the Detail Design and Construction phase of the Project, expected to increase the capacity of NLNG’s current six-Train plant by 35% from the extant 22 Million Tonnes Per Annum (mtpa) to 30mtpa.
In September 2019, NLNG took a significant step towards the FID with the issuance of a Letter of Intent for the EPC Contracts of the Project to SCD JV Consortium.
The Letter of Intent expresses the intention of the company to award the EPC Contract for the Train 7 Project, subject to signing of the terms, to the preferred bidder after a contracting process that has been transparent, and in full compliance with all applicable laws and good industry practices.
NLNG took the Final Investment Decision (FID) on 27th December 2019, which was followed by the approval of the Nigerian Content Compliance Certificate (NCCC) and Approved Vendors Lists (AVLs) by Nigerian Content Development and Monitoring Board (NCDMB) in April 2020.