Daewoo Wins Preferred Bidder Status for PNG LNG Project

South Korean construction company Daewoo E&C Co. has been selected as the preferred bidder for a liquefied natural gas (LNG) project in Papua New Guinea.

The company secured this status from TotalEnergies, the lead operator of the Papua LNG project, for the engineering, procurement, construction and commissioning (EPCC) of the central processing facility and well pads in Papua New Guinea.

This selection comes four years after Daewoo E&C was awarded the first and second phases of the project's front-end engineering design work in 2022.