Malaysian state energy giant Petronas has given the job of building its third multi-billion floating LNG (FLNG) production unit ZFLNG to a consortium of South Korean shipbuilding Samsung Heavy Industries and engineering company JGC Holdings.
TradeWinds has learned the pair pipped competing bidders Saipem and Wison Offshore & Marine to the post in a decision made this week.
Sources priced the nearshore ZFLNG project at around $3bn.
