Saipem announced that its Joint Venture with Chiyoda and CB&I, CCS JV, has been selected as contractor for the initial development of the onshore LNG park in Mozambique by Anadarko Petroleum Corporation on behalf of the co-venturers in Mozambique’s Offshore Area 1.

The selection of CCS JV is subject to negotiation and entry into a definitive agreement prior to Anadarko and its co-venturers taking a Final Investment Decision (FID).

The initial scope of work for the onshore LNG park includes two LNG trains, each with a capacity of six million tonnes per annum, two LNG storage tanks, condensate storage, multi-berth marine jetty and associated utilities and infrastructure.

CCS JV has a long-term relationship with Anadarko and its partners for the planning and development of this project and will bring the three companies’ substantial LNG experiences to successfully complete the onshore LNG park in Mozambique.

About Saipem

Saipem operates in the Engineering & Construction and Drilling businesses, with a strong bias towards oil & gas-related activities in remote areas and deep-waters. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and execution of large-scale offshore and onshore projects, and technological competences such as gas monetization and heavy oil exploitation.

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world. With 125 years of experience and the expertise of approximately 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality.

About Chiyoda

Chiyoda Corporation, headquartered in Yokohama, Japan, is a leading contractor for designing and constructing LNG plants, accounting for more than 40 percent of the world's total LNG production capacity based on its innovative plant design and world class project execution capabilities with a relentless drive for safety.

About d'Anadarko

Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2013, the company had approximately 2.79 billion barrels-equivalent of proved reserves, making it one of the world's largest independent exploration and production companies.

See the site of LNG project in Mozambique