Daewoo E&C Lands Mozambique LNG Project
Daewoo Engineering & Construction announced on August 7 that the SMDC JV, in which it participates as a prime contractor, has been selected as the Engineering, Procurement, and Construction (EPC) contractor for the ‘Rovuma LNG Phase 1’ project, a liquefied natural gas (LNG) development project in Mo
Daewoo Engineering & Construction has been chosen as the Engineering, Procurement, and Construction (EPC) contractor for the 'Rovuma LNG Phase 1' liquefied natural gas (LNG) project in Mozambique, according to a selection made on August 7. The SMDC JV, a global consortium consisting of Italy's Saipem, the United States' McDermott, and China's CPECC, along with Daewoo E&C, will lead the project.
The venture aims to construct a 18.6 million ton annual LNG production facility, utilizing offshore gas fields in Mozambique and incorporating environmentally friendly 'e-driven' technology. ExxonMobil Mozambique, the project's representative, plans to make the Final Investment Decision by year-end. The receipt of a Letter of Intent marks the preliminary stage, which includes refining the initial design and procuring major equipment and materials.
Daewoo E&C plans to commence full-scale construction once the main contract is signed at the end of the year, demonstrating its capability to lead the project alongside global EPC leaders.
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