Latest News and HighlightsPieridae Achieves a Major Goldboro LNG Milestone

2020/09/29

Bechtel Signed to Design & Build the LNG Facility

Respected global engineering firm Bechtel is now on board to initiate a detailed review of scope and design and developing a comprehensive engineering, procurement, construction and commissioning (EPCC) execution plan by March 31, 2021 for the Goldboro LNG Facility, along with delivering a final lump sum, turnkey EPCC contract price proposal by May 31 of next year.

“This is a very positive step forward for our Goldboro LNG Project,” said Pieridae CEO Alfred Sorensen. “Bechtel has significant experience building and delivering global LNG projects, helping their customers deliver about 30% of the world’s LNG capacity over the past two decades. They have a proven track record of delivering projects throughout the world on time and on budget.”

“We are honored to partner with Pieridae to deliver a cleaner energy future,” said Bechtel’s Oil, Gas and Chemicals President Paul Marsden. “We bring a long history of successfully delivering projects in Canada and partnering with our global customers to expand access to this energy source. Together with Pieridae, we look forward to successfully bringing this project and its economic benefits to the Goldboro region.”

Goldboro LNG is a shovel worthy and shovel ready project that will create thousands of jobs and help put Canadians back to work in a COVID-impacted environment; provide real, enduring and tangible economic benefits for First Nations; help lower global emissions by supplying LNG overseas to replace coal; and increase Europe’s choices in sourcing natural gas.