Articles tagged EPC

Golden Pass LNG Terminal LLC and its primary contractors, including Zachry Industrial Inc., have agreed to a settlement that could jumpstart construction again at the Texas LNG facility.

An increasing number of construction-related issues at major LNG projects this year has kept a demand-hungry natural gas market wary of delays, but analysts say price and production forecasts remain mostly intact – so far.

Golden Pass LNG Terminal LLC told the bankruptcy court handling Zachry Industrial Inc.’s restructuring that construction at its Texas export project could be at risk of “a near complete shut down” unless the firm is swiftly removed.

Extended outages at Freeport LNG this year were likely caused by defects in its liquefaction trains’ motors, the company claimed in a lawsuit against three engineering, procurement and construction (EPC) firms.

While Golden Pass LNG is holding to previous expectations for commissioning to begin in the first half of 2025, FERC staff said the timelines could be impacted as the lead construction contractor navigates bankruptcy.

Zachry Group, one of the construction firms working on the Golden Pass LNG terminal, disclosed it will eventually exit the project and has filed for bankruptcy amid reported financial and labor issues.

Golden Pass LNG confirmed interruptions on the Texas export project could be coming after reported worker furloughs, citing ongoing negotiations between its engineering, procurement and construction (EPC) contractors.

As U.S. LNG producers continue to progress a bevy of Gulf Coast export projects to meet global demand for natural gas volumes, Bechtel Energy President Paul Marsden said the engineering firm is focusing on innovative solutions for the region’s ballooning labor issues during the next wave of infrastructure build-out.

Woodfibre, a liquefied natural gas (LNG) export project planned for the Pacific coast of British Columbia, has moved a step closer to sanctioning after it awarded a C$1.6 billion ($1.3 billion) construction contract to engineering giant McDermott International Ltd.

State-owned Qatar Petroleum (QP) has dished out an engineering, procurement and construction (EPC) contract worth more than $2 billion to expand the liquefied natural gas (LNG) storage and loading facilities for the giant North Field East (NFE) project.