McDermott bags pre-FEED contract YPF’s LNG facility

McDermott bags pre-FEED contract for YPF’s LNG facility

11:50 AM, 19th July 2019
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HOUSTON, US: McDermott International Inc has been awarded a sizeable contract by Argentina-based YPF SA, to provide pre-front-end engineering design (Pre-FEED) services for a five million tonnes per annum (MTPA) LNG Liquefaction Facility.

The facility has a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina.

The scope of work is a continuation of a previous conceptual study developed for the YPF LNG Export Facility in Argentina under a contract in 2018. McDermott's London office will provide engineering services while the Houston office will perform project management and estimation services.

The project will promote the development of the Vaca Muerta Shale field in The Neuquen region Argentina.

"The award of this Pre-FEED project is a testimony of McDermott's technical expertise in LNG and our successful partnership with YPF over the years. Our experience as the EPC contractor for the Peru LNG Facility in which YPF was involved – combined with McDermott's modularization capabilities – were key factors that made us uniquely qualified to win and execute this contract," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America.

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