Bechtel Corp.
About
Bechtel is an engineering, procurement, construction and project management company founded in San Francisco and headquartered in Reston, Va. It is the largest construction company in the United States.
News
Bechtel Inks $9B in Contracts for NextDecade’s Rio Grande LNG Trains
NextDecade Corp. finalized contracts with Bechtel Energy for construction of Rio Grande Trains 4 and 5, which are awaiting final investment decisions.
Three Killed, Two Injured at Port Arthur LNG Project
Three Bechtel workers died at Sempra Energy’s Port Arthur LNG construction site, and the company has halted work there until an investigation is completed.
Woodside Reaches $17.5B FID on Louisiana LNG Development
Woodside Energy has reached a final investment decision to develop Louisiana LNG and is targeting first LNG by 2029.
Cheniere’s Corpus Christi 3 Ready to Begin LNG Production
Cheniere’s Corpus Christi LNG Stage 3 expansion project produced its first LNG in December.
E&P Highlights: Jan. 6, 2025
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Woodside Pushes Louisiana LNG Project Forward with Bechtel Contract
Woodside Energy signed a revised engineering, procurement and construction contract with Bechtel, which had already performed work on the project when it was still owned by Tellurian.
Woodside Closes $900MM Acquisition of Tellurian, Renames LNG Facility
Following the close of its acquisition of Tellurian, Woodside has renamed the Driftwood LNG development as Woodside Louisiana LNG.
Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas
Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.
Woodside to Maintain at Least 50% Interest in Driftwood LNG
Australia’s Woodside Energy plans to maintain at least a 50% interest in the 27.6 mtpa Driftwood LNG project that it's buying from Tellurian, CEO Meg O’Neill said during a media briefing at Gastech in Houston.
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
Bechtel Awarded $4.3B Contract for NextDecade’s Rio Grande Train 4
NextDecade’s Rio Grande LNG Train 4 agreed to pay Bechtel approximately $4.3 billion for the work under an engineering, procurement and construction contract.
Sempra Infrastructure Contracts with Bechtel for Port Arthur LNG Phase 2
Sempra Infrastructure has entered into a fixed-price engineering, procurement and construction contract with Bechtel at Sempra’s Port Aurther LNG Phase 2 project.
Cheniere’s Next Corpus Christi LNG Stage Online by Year-end
Cheniere executives are optimistic the first LNG cargo will depart from Train 1 of its Corpus Christi Stage 3 project by the end of 2024, and that the company will bring all seven trains at the project online before the end of 2026.
NextDecade Raises ‘Going Concern’ Doubts Amid Rio Grande LNG FID
NextDecade, which is developing the Rio Grande LNG project in Brownsville, once again highlighted “going concerns” in its SEC 10-Q filing but says Phase 1 of its project is fully financed and under construction.