Excelerate Energy is working out the fine details of a contract for a floating LNG (FLNG) unit with Samsung Heavy Industries (SHI) in preparation for giving the final green light to its Lavaca Bay LNG project in the US.
Company chief executive Rob Bryngelson says Excelerate teams are in the process of negotiating the engineering, procurement, construction, installation and commissioning (EPCIC) contracts for what is likely to be the first of two 4.4-million-tonne-per-annum
