Its team has recently undertaken a review of construction costs on civil engineering elements for a new Liquified Natural Gas (LNG) plant for Chicago Bridge and Iron (CB&I), one of the world's leading engineering, procurement and construction companies.
The plant which is to be located at the Pampa Melchorita site, 170 km south of Lima, will see the transformation of 4.45 million tons per year of natural gas into LNG, which is created when natural gas is cooled to a sub-zero temperature (minus 163 degrees Celsius).
The site will be the home for the transformation of vast assets of natural gas into LNG for export to the west coast of North America, where demand for gas is expected to increase significantly in the years ahead.
Dennis Edwards, regional director, said: "This scheme demonstrates our 20 years' experience in delivering heavy engineering projects within the oil and gas markets and additionally shows how our worldwide network of contacts helps us appreciate local market conditions. "Our greatest challenge throughout the life of this project has been validating the estimates with local labour and material costs together with Peruvian exchange rates and inflation. We have an extremely good working relationship with Chicago Bridge and Iron and are involved in ongoing discussions with them regarding the possibility of future work."
Neil Watson, director of projects for CB&I, said: "Faithful+Gould’s extensive industry experience has proved essential to the progress of this latest project which builds on our decades of proven worldwide expertise in the LNG industry. In addition, it capitalises on CB&I’s extensive history in Peru and throughout Latin America."