The acquisition gives the company the majority of the natural gas needed to supply the first facility (or train) at the Goldboro LNG facility in Nova Scotia, Canada.
The company will now work with KBR to develop a fixed price contract and designs to build Goldboro, then proceed to complete project financing and make a final investment decision.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/17102019/pieridae-energy-closes-acquisition-of-shells-foothills-assets/
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