Rosneft and ExxonMobil Select Contractors for LNG Project in Russia

Russia’s Rosneft and US ExxonMobil selected CB&I UK and Foster Wheeler Energy as contractors for initial phase front-end engineering and design (FEED) for a proposed Russian Far East liquefied natural gas (LNG) project.

“With our initial FEED contractors on board now we will see the project begin to take shape in a matter of months. We are taking a determined approach with this project to help monetize the gas resources of Russia", Rosneft President Igor Sechin said in a note released on Friday. 

Rosneft and ExxonMobil work to finalize project design by the end of 2014. The project design includes front-end engineering, design documentation for the LNG plant, associated facilitiues and gas pipeline, as well as engineering studies and environmental impact assessment.

CB&I UK and Foster Wheeler Energy will be awarded separate contracts for the initial phase front-end engineering and design.