Technip USA Announces Contract Award for the Freeport LNG Terminal

Tuesday, August 12, 2003
Freeport LNG Development, L.P. and Technip USA Corporation, a subsidiary of Technip have signed a contract for the Front End Engineering Design (FEED) leading to the finalization of the EPC (engineering, procurement and construction) contract for its LNG receiving terminal to be located on Quintana Island near Freeport, Texas. The FEED is expected to be completed by the end of December with the EPC phase of the project beginning in the first quarter of 2004. Michael Smith, CEO of Freeport LNG Development, L.P., said, "Technip has considerable experience in LNG facility design and this contract continues the relationship established with Technip during their assistance in the preparation of the FERC filing documents for our terminal. The need for LNG receiving facilities is a critical factor in meeting US energy needs. We filed with FERC for our terminal earlier this year and are receiving positive feedback on our application. The contract with Technip USA is a milestone in the further development of our terminal as we target its completion by 2007." Larry Pope, CEO of Technip USA Corporation based in Houston, Texas said, "Technip USA is very pleased to be part of this important project. We look forward to working with Freeport LNG in helping the nation meet our natural gas supply needs. This project, executed from Technip USA's offices in Houston, Texas, represents a continuation of Technip's forty-five year history in the global LNG industry and reinforces Technip USA Corporation's position as a major provider of expertise for LNG receiving terminals in the U.S. and elsewhere in the Americas." Smith further commented, "We plan to have facilities in place which will allow suppliers the ability to bring up to 1.5 billion cubic feet per day of gas into the country through this strategic Gulf Coast location. The natural gas will be transported through a 9.4 mile pipeline extending to Stratton Ridge, which is a major point of interconnection for a number of Texas intrastate pipeline systems. The proposed LNG marine terminal, storage, vaporization units, and natural gas pipeline will be located entirely in Brazoria County, Texas."
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Navios to Expand Fleet with Two VLCCs

Monaco-based tanker owner and operator Navios Maritime Midstream Partners (NAP) plans to launch syndication of a USD 205 million Term Loan B to finance the purchase

Duke Energy to Help Develop Jeffersonville Port Site

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program.

UNOLS Seeks Nominations for Council Positions

The University-National Oceanographic Laboratory System (UNOLS) is an organization of academic oceanographic institutions working in cooperation with agencies of the U.

LNG

Hoegh LNG's Bond Issue

Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020.

Fluxys LNG Launches Zeebrugge Capacity Consultation

Belgian gas infrastructure operator Fluxys said on Thursday it was launching a market consultation to assess demand for additional capacity at the Zeebrugge liquefied natural gas terminal in Belgium.

Bids Placed for Novy Port Icebreaker Contract

Seven companies submit bids for contract for Yamal Novy Port terminal icebreaker   The tendering process for the Yamal Novy Port terminal icebreaker design and build contract has kicked off,

 
 
Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1458 sec (7 req/sec)