08.06.2018|https://www.lngworldnews.com/saipem-wins-nong-fab-lng-terminal-job-for-ptt-in-thailand/
Italian oil and gas contractor, Saipem, in a joint venture with CTCI Corporation, has been awarded a new contract in Thailand for the engineering, procurement, construction and commissioning of the Nong Fab LNG terminal.
Saipem will operate as leader of the JV which has been assigned the contract with a stake of 55 for an overall value of approximately $925 million, hence, Saipem’s share is around $500 million.
The contract has been awarded by PTT LNG Company, a unit of Thailand’s national oil & gas company PTT Public Company Limited.
The project will be realised in the Mueang Rayong district, in the south-east of the country.
