Energy Secretary Jennifer Granholm touts a critical need for energy transition at CERAWeek by S&P Global gathering but oil and gas CEOs say energy security needs to be a bigger global priority.
Construction is underway, with new contracts awarded, on the first phase of Sempra Infrastructure’s $13-billion Port Arthur LNG export terminal in Texas near the Gulf of Mexico, following the energy firm’s award to Bechtel Energy of an EPC contract to manage the two-train project.
Fixed price award for Brownsville, Texas gas export plant first phase follows developer NextDecade's final investment decision and what it says is a record $18.4B financing for three-train facility to produce 17.6M tons annually.
Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.
Year in and year out, the ENR Texas & Louisiana region—which also includes Arkansas, Mississippi and Oklahoma—has consistently proven to be one of the more robust areas for construction in the U.S.
Bechtel, Zachry Group and KBR are named EPC contractors for just-sanctioned Texas and Louisiana Gulf Coast LNG production sites, while Canada regulators approve two projects to move forward.
McDermott completed roof-raise of storage tank last month at Venture Global Plaquemines export site under construction in Louisiana, set to ship gas by 2024.