HOUSTON—Cheniere Energy Inc. announced March 29 that substantial completion of Train 3 at the Corpus Christi liquefaction project was achieved on March 26. Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals, Inc. has turned over care, custody, and control of Train 3 to Cheniere.
Cheniere, its subsidiaries, and Bechtel have now declared substantial completion on a total of eight liquefaction trains at the Corpus Christi liquefaction project and the Sabine Pass liquefaction project ahead of each train’s guaranteed completion date and within project budgets.
With the achievement of substantial completion, financial results of LNG sales from Train 3 going forward will be reflected in the statement of operations of Cheniere and its applicable affiliates.
Energera Inc. is the parent company of Canadian operating companies Frac Shack International Inc. and Sand Separation Technologies Inc., of U.S. entities Frac Shack America Inc. and Sandtinel LLC, as well as the Argentinian company Frac Shack S.A.S.
Exxon Mobil unveiled that a slew of companies including Chevron, NRG Energy, Phillips 66 and more have all began discussing plans to support its carbon capture and storage plans in Houston.
Pioneer Natural Resources is pursuing the sale of its Delaware Basin assets with a target price of over $2 billion, according to a report citing two sources familiar with the matter.