Canada’s Kwispaa LNG and Hyundai Heavy Industries close deal for Front-End Engineering and Design of At-Shore LNG™ hulls for the Kwispaa LNG Project

 

BARCELONA, SPAIN – The Kwispaa LNG Project achieved another significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG™ hulls.

This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include:

  • Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.;
  • CB&I / Offshore Oil Engineering Co., Ltd. (COOEC); and
  • TechnipFMC.

All FEED work is expected to commence in early 2019.

On September 19, at the Gastech Conference in Barcelona, representatives from Steelhead LNG, Huu-ay-aht First Nations, and Hyundai Heavy Industries’ Shipbuilding Division formalized the contract for the design of two At-Shore LNG™ hulls as part of phase one of the Kwispaa LNG Project. Each hull is expected to measure 340 metres in length and 60 metres wide and feature five individual tanks that provide approximately 280,000 metres3 of internal LNG storage.

“This agreement with Hyundai Heavy Industries for two At-Shore LNGTM hulls again demonstrates the technological innovation and creative solutions that we are developing as part of the Kwispaa LNG Project to offer Asia-Pacific buyers with cleaner and competitively priced LNG from Canada,” said Steelhead LNG CEO Nigel Kuzemko. “Our goal is to help meet the world’s rising demand for LNG and reduce worldwide greenhouse gas emissions. At the same time, with our co-management partners Huu-ay-aht First Nations, we are committed to working with all levels of government to realize the tremendous potential benefits the Kwispaa LNG Project can provide to local communities, British Columbia, and Canada.”

The award of this FEED contract is the start of the process leading to construction of two At-Shore LNG™ hulls at a total price of US$500 million. The contract secures the price for the future construction of the At-Shore LNGTM hulls and allows for fair price adjustments for certain defined parameters that could change throughout the FEED process.

“As a global leader in the ship-building industry, we are tremendously pleased to be partnering with Steelhead LNG for the design of the At-Shore LNGTM hulls for the Kwispaa LNG Project,” stated Hyundai Heavy Industries. “This agreement is a reflection of our world-leading technical and manufacturing capabilities, and we look forward to proceeding into FEED for this important project.”

 

Kwispaa LNG

The Kwispaa LNG Project is a proposed Canadian LNG export facility located at Sarita Bay on Vancouver Island, British Columbia on land owned by the Huu-ay-aht First Nations. The 475 ha site provides natural deep water and is a short distance to open ocean for efficient access to market. With a FID anticipated in 2020, the first phase of the project is expected to be operational in 2024, and will provide capacity of approximately 12 mtpa, with the ability to expand to 24 mtpa in the future.

 

Steelhead LNG

Steelhead LNG is a Vancouver-based energy company focused on developing the Kwispaa LNG Project, located on Vancouver Island, British Columbia, through a unique co-management relationship with the Huu-ay-aht First Nations. Steelhead LNG’s management team’s experience includes guiding some of the world’s leading energy companies and projects, with commercial and technical expertise that spans the entire natural gas and LNG value chain. From project concept to product delivery, Steelhead LNG is committed to responsibly creating and delivering value for the communities, suppliers and customers that it serves.

 

Huu-ay-aht First Nations

Huu‐ay‐aht First Nations is a self‐governing, modern treaty nation with lands located in the Barclay Sound region on the west coast of Vancouver Island at the entrance to the Alberni Inlet. Huu‐ay‐aht First Nations is a member of the Nuu‐chah‐nulth Tribal Council and one of the five First Nations signatories to the Maa‐nulth Final Agreement, the first multi-nation, modern‐day treaty to be concluded on Vancouver Island. In 2017, Steelhead LNG and Huu-ay-aht First Nations executed relationship agreements to co-manage the Kwispaa LNG Project. The agreements were approved in a Huu-ay-aht citizens’ referendum in March 2017, receiving a 70 per cent vote in support, as well as the overwhelming approval of both elected and hereditary leaders. With this support, Huu-ay-aht First Nations have made Kwispaa LNG a priority project.

 

Hyundai Heavy Industries

Hyundai Heavy Industries (HHI) was founded by the late Chung Ju-yung on March 23, 1972 and wrote the first chapter of its shipbuilding history in June 1974 by completing construction of the world’s largest shipyard and two 260,000-DWT VLCCs all at the same time. A decade after its first delivery, the Hyundai Shipyard topped 10 million deadweight tons in aggregate ship production and has maintained the leading position in the world shipbuilding market ever since. Hyundai Shipyard’s drive has mirrored the growth of modern Korean heavy industry, and its success has allowed HHI to expand into other heavy industry areas, ultimately leading to the formation of Hyundai Heavy Industries, an integrated heavy industry company.

 

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Contact:

Matt Skinner
Manager, Communications
Steelhead LNG
+1 604 646 3559
media@steelheadlng.com

 

Heather Thomson
Communications Coordinator
Huu-ay-aht First Nations
+1 250 720 7776
heather.t@huuayaht.org

 

Ryu Jin Kyu
Communications Coordinator
Hyundai Heavy Industries
+82 (0)2 746 7662
jinkyu.ryu@hhi.co.kr

 

Steelhead LNG appoints Corey Goulet as Vice President, Pipeline

VANCOUVER, BC  Steelhead LNG has further bolstered the strength and experience of its Leadership Team with the appointment of energy infrastructure leader Corey Goulet as its Vice President, Pipeline effective July 3, 2018.

Goulet brings 33 years of experience in the energy infrastructure industry to Steelhead LNG. His work experience and expertise include the successful development and operation of natural gas, hydro and transmission power facilities; gas, oil and refined products pipelines; and oil and gas production facilities, throughout North America. Prior to joining Steelhead LNG, Goulet was most recently VP, Integrity and Projects at Tundra Energy Marketing. He also spent nearly 20 years at TransCanada Corporation, including senior leadership positions, eight years at Enbridge Inc. and four years at Home Oil, in various projects, operations, engineering and business roles.

In his role as Vice President, Pipeline, Goulet will work collaboratively towards successfully developing and leading the strategy for designing, contracting and constructing the natural gas pipeline and taking it into sustainable operating mode to meet the market demand for the affiliated Kwispaa LNG export facility. He will also support Steelhead LNG’s gas supply contracting efforts.

Continue reading

Western Canadian energy executive Randy Jespersen joins Steelhead LNG Executive Team and Board of Directors

 

Jespersen brings more than 35 years of energy industry experience, including delivering major natural gas pipeline and LNG projects in British Columbia

VANCOUVER, BRITISH COLUMBIA, CANADA – Steelhead LNG’s development of a natural gas pipeline and ongoing gas supply discussions to support the Kwispaa LNG facility will benefit from the strategic and relationship leadership of former Terasen CEO R.L (Randy) Jespersen who has been appointed Executive Chairman, Pipeline. Mr. Jespersen joins Steelhead LNG’s Leadership Team and will sit on its Board of Directors.

“I am very impressed by the calibre of the Steelhead LNG team and by the company’s low-cost pathway to developing the Kwispaa LNG project and pipeline that is competitive in the current market, creates an attractive pricing opportunity for British Columbia and Alberta producers, and benefits all British Columbians, including our First Nations partners,” said Jespersen.

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Kwispaa LNG shortlists four EPC contractors for Feed work

 

Competitive FEED contract to be awarded to two successful bidders in third quarter 2018

VANCOUVER, BRITISH COLUMBIA, CANADA – Steelhead LNG and Huu-ay-aht First Nations today announced that they have narrowed the field of bidders to complete front-end engineering and design (FEED) work on the proposed Kwispaa LNG project. The project is located on the west coast of Vancouver Island, British Columbia, Canada and is licensed to export up to 24 million tonnes per annum (mtpa) of liquefied natural gas (LNG) for 25 years. Initial production of 12 mtpa is expected to begin in 2024.

Following a rigorous Expression of Interest process, four Engineering, Procurement and Construction (EPC) contractors have been shortlisted. They include: Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.; CB&I / Offshore Oil Engineering Co., Ltd. (COOEC); KBR; and TechnipFMC. Invitations to Tender are expected to be issued in Q2 2018. Continue reading

Kwispaa LNG an opportunity for Huu-ay-aht First Nations

 

On Monday, Jan. 8, 2018, representatives from the Kwispaa LNG project team were in Port Alberni council chambers to provide more information about the Kwispaa LNG project. The proposed natural gas liquefaction and export facility was given the go-ahead after a Huu-ay-aht community referendum resulted in a 70 percent vote in favour in March 2017. The positive vote meant that Steelhead LNG, a Canadian company based out of Vancouver, would develop the LNG project through a co-management relationship with the Huu-ay-aht.

“We have the support of our people, we have the support of our hereditary chiefs and we have the support of our council for this project,” said Huu-ay-aht Chief Councillor Robert Dennis Sr.

Read the full article in the Alberni Valley News

Cultural name – Kwispaa – chosen for LNG project

 

Huu-ay-aht First Nations and Steelhead LNG are pleased to announce that the co-managed LNG project in Sarita has a new name. Following recommendations from the LNG Advisory Committee, Ḥaw̓iiḥ Council has approved the name Kwispaa (Kwis-pa-a) LNG project.

The traditional name reflects Huu-ay-aht’s elders and its rich history and connection to the land and territory, as well as its stake in this project. Keeping in line with the co-management and in the spirit of reconciliation, Steelhead LNG agreed to change the name of the project.

For more information, visit huuayaht.org.

Meet the team: Tiffany Murray, Director of Community and Regulatory

We talk with Tiffany about her role overseeing Steelhead LNG’s community and regulatory team and how Steelhead is developing its proposed liquefied natural gas (LNG) projects in a way that is aligned with local community values.

As the Director of Community and Regulatory, Tiffany’s role is to work with Steelhead LNG’s community team, First Nations and local communities, as well as our regulatory team for environmental and other permitting processes.

Getting into communities at an early stage is one of the most important aspects of project development; Tiffany ensures Steelhead LNG understands the values, interests and concerns of a community so that we develop our proposed liquefied natural gas (LNG) projects in a way that is aligned with community values.


Why do you do what you do?

I do this because I truly believe in sustainable development and the opportunity companies have to develop projects that meaningfully contribute to communities.

After finishing my Master’s degree, I had an opportunity to work in Libera with a non-profit working on an agricultural community development project. During that time, I saw a lot of industry and communities who were getting it all wrong, and felt there was a real opportunity to come home to Canada and work for industry to help shape the policies, programs and approach to reflect a fair, sustainable, and community-centered way of doing business, and that’s why I joined Steelhead LNG.

From the top of our leadership team, it was demonstrated that sustainable development and early community involvement was a core value, and I saw that this is a company that’s willing to work in ways that other companies weren’t willing to do, and a place where I could make a real difference.


What is Steelhead LNG’s approach working collaboratively with First Nations? How does your approach differ to other project proponents in B.C.?

Our approach to working with First Nations is fundamental to the core values of Steelhead LNG as a company. After the company was founded, the first thing we did after looking at potential sites on the coast of British Columbia was approach host First Nations to see if they were in interested in developing a project with us. As a result, Steelhead LNG was able to establish a relationship based on respect and the shared interest of developing a project that reflects community values.

Doing the right thing means working together with First Nations and local communities, and we are fortunate to have a leadership team who really respects and values these relationships and partnerships, as well as how important this is to doing business in British Columbia.

Steelhead LNG to present at CWC China LNG Conference

 

VANCOUVER, BC (May 11, 2017) – Vancouver-based Steelhead LNG announced today that Gary Constantine, Vice President, Commercial will present at CWC China LNG & Gas International Summit & Exhibition in Beijing. Mr. Constantine’s presentation is scheduled to begin at 9 a.m. (Beijing) on May 18, 2017.

The presentation will be available on Steelhead LNG’s website at steelheadLNG.com.

 

News

Canada’s Kwispaa LNG and Hyundai Heavy Industries close deal for Front-End Engineering and Design of At-Shore LNG™ hulls for the Kwispaa LNG Project more
Steelhead LNG appoints Corey Goulet as Vice President, Pipeline more
Western Canadian energy executive Randy Jespersen joins Steelhead LNG Executive Team and Board of Directors more

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Phone Office: 604-235-3800 / 250-277-4886
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