McDermott Wins Pre-FEED Gig by YPF

Shailaja A. Lakshmi
Friday, July 19, 2019

American multinational engineering company McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a five million tons per annum (MTPA) LNG Liquefaction Facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina.

The scope of work is a continuation of a previous conceptual study developed for the YPF LNG Export Facility in Argentina under a contract in 2018.

McDermott's London office will provide engineering services while the Houston office will perform project management and estimation services.

"The award of this Pre-FEED project is a testimony of McDermott's technical expertise in LNG and our successful partnership with YPF over the years," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America.

"Our experience as the EPC contractor for the Peru LNG Facility in which YPF was involved – combined with McDermott's modularization capabilities – were key factors that made us uniquely qualified to win and execute this contract," he added.

The project will promote the development of the Vaca Muerta Shale field in The Neuquen region Argentina.

Work on the project will begin immediately, and the contract award will be reflected in McDermott's second quarter 2019 backlog.

Categories: LNG South America Contract FEED

Related Stories

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Seadrill Secures Offshore Drilling Deals Across Four Countries

LNG Flows Through Hormuz Hit Seven-Month High

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Qatar-Linked LNG Tankers Resume Hormuz Transits

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Santos Expands LNG Portfolio with Asia, Canada Deals

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com