McDermott International Inc. with its partners, Chiyoda International Corp. and Zachry Group, said Dec. 6 that Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas, has begun producing LNG. This significant project achievement is a precursor to first cargo.
“First liquid for Train 2 is another great accomplishment for the Freeport LNG project,” Mark Coscio, McDermott’s senior vice president for North, Central and South America, said. “As we progress to first cargo for Train 2, we applaud the diligence and commitment of the project team for driving Freeport LNG toward a safe completion.”
Zachry Group, as the joint venture lead, partnered with McDermott for the pre-FEED in 2011, followed by FEED works to support the early development stage of the project as a one-stop shop solution provider for Trains 1 and 2. Later Chiyoda joined the joint venture partnership for work related to Train 3. The project scope includes three pre-treatment trains, a liquefaction facility with three trains, a second loading berth and a 165,000 m3 full containment LNG storage tank.
Freeport LNG Trains 2 and 3 remain on schedule with Train 3 initial production of LNG scheduled for first-quarter of 2020.
Recommended Reading
Utility, Clean Energy Company Allete to Go Private in $6.2B Deal
2024-05-06 - The Minnesota-based utility said on May 6 it agreed to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners.
Valaris’ 1Q Sets Positive Tone for Offshore
2024-05-06 - Coming out of first-quarter 2024, drilling contractor Valaris expects a sustained upcycle for the offshore drilling industry supported by demand growth, OPEC+ production cuts and supportive commodity prices.
U.S. Shale-catters to IPO Australian Shale Explorer on NYSE
2024-05-04 - Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.
1Q24 Dividends Declared in the Week of April 29
2024-05-03 - With earnings season in full swing, upstream and midstream companies are declaring quarterly dividends. Here is a selection of dividends announced in the past week.
Analyst Questions Kimmeridge’s Character, Ben Dell Responds
2024-05-02 - The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.”