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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

Maritime Needs More Women Power

United Nations  International Maritime Organization (IMO) Secretary- General Ki Tack Lim pushed for the increased involvement of women in the seafaring industry

LNG

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.

GTT, Endel Team-up to Roll-out Membrane Containment Systems

21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance

 
 
Maritime Careers / Shipboard Positions Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.0819 sec (12 req/sec)