EthosEnergy a Houston-based service provider for the oil and gas industry, was recently awarded a $176.8 million contract to supply operations and maintenance services for Magnolia LNG’s midscale liquefied natural gas export facility in Lake Charles.
The contract represents the first third-party operations and maintenance services partnership for the multibillion-dollar project. EthosEnergy will provide a number of services, including custody and control of the facility, as well as vessel-filling operations at moorings adjacent to the facility, according to company officials.
John Baguley, COO of Magnolia LNG, said LNG Limited, Magnolia’s parent company, announced in 2015 that it had entered into an agreement with EthosEnergy “to work collaboratively on provision of long-term operations and maintenance services for our current and future LNG Limited projects.”
He said the recent contract announcement is a byproduct of that alliance.
Magnolia LNG officials describe the project as being “construction ready.” Initial regulatory documents have been obtained by the company, including the Federal Energy Regulatory Commission order to site, construct and operate the terminal, and an air permit approval from the state Department of Environmental Quality.
Baguley said the contract with EthosEnergy is just another step toward constructing the terminal.
“The use of an operations and maintenance contract services arrangement provides Magnolia LNG with immediate access to a pool of established technical resources and delivery programs,” Baguley said.
He said EthosEnergy’s broad experience in the oil and gas sector is part of what made the partnership with Magnolia LNG appealing.
“EthosEnergy’s broad experience, coupled with their relationship with Siemens Energy Inc., who are providing our gas turbines and process compression equipment, helps us to best ensure the long-term safe and reliable operations of our LNG production facilities,” he said.
Magnolia LNG has a turnkey engineering, procurement, and construction contract with KBR Inc., which is leading a joint venture with SK Engineering & Construction to execute the project.
Magnolia LNG officials said the project will consist of four LNG trains built on 120 acres near the intersection of Henry Pugh Boulevard and Big Lake Road. Each train is expected to produce 2 million tons of LNG a year and produce up to $4.8 billion over 20 years.
---
Find Justin B. Phillips on Twitter and Facebook.
from American Press: Your Best News And Advertising Source - Home http://ift.tt/2bzRmWv
0 التعليقات:
Post a Comment