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Chevron Awarded FEED Contract To Angola LNG

ChevronTexaco Corp. today announced that the participants in the Angola liquefied natural gas

Chevron Awarded FEED Contract To Angola LNG

ChevronTexaco Corp. today announced that the participants in the Angola liquefied natural gas project have awarded front-end engineering design (FEED) contracts for a five million-tonne-per-year onshore LNG plant to be located near Soyo in northern Angola.

At a signing ceremony in Luanda, Sonangol, ChevronTexaco and their co-venturers in the Angola LNG Project -- BP, ExxonMobil and Total -- awarded the FEED contracts to Overseas Bechtel Inc., and a joint consortium of Kellogg Brown & Root Inc., JGC Corporation, and Technip U.S.A. Corporation.

John Watson, president of ChevronTexaco Overseas Petroleum, noted that the FEED contract award and the recently announced establishment of the natural gas supply agreements are milestones for Angola LNG.
"Angola LNG is one of several current ChevronTexaco-led projects to commercialize natural gas resources in Africa and other parts of the world and is integral to the company's strategy to grow an integrated natural gas business," Watson said.

Watson added that in addition to the broader economic contribution the project will make to the country, Angola LNG expects to transfer technology and skills development through the creation of new jobs and business opportunities for Angolans.

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