Black & Veatch Corporation and Kiewit Energy Group Inc. announced today that they have made an equity investment in the Annova LNG export project in Brownsville, Texas. Both companies cite the project’s recent commercial progress as a reason for their investment. Concurrently, Black & Veatch and Kiewit have been awarded the engineering, procurement and construction (EPC) contract for the Annova LNG 6.0 million tonnes per annum (MTPA) project on a joint basis.
With the recent Federal Energy Regulatory Commission (FERC) announcement of the Notice of Schedule for Environmental Review (“NOS”) for the Annova LNG Brownsville Project, Annova LNG has updated its estimated project schedule.
Across South Texas, from the Rio Grande Valley up to Corpus Christi and Laredo, there’s a story of dynamic growth, new investment and a strong economy to be told. What’s at the heart of our economic muscle? It’s a strong Texas oil and natural gas sector. The direct and indirect benefits that flow from a … Continued
As the world looks to diversify its energy mix one source, natural gas, is becoming increasingly important. The International Energy Agency (IEA) says that natural gas is viewed “as a good source of electricity supply” for a range of reasons. According to the IEA, natural gas is seen as “lower carbon” relative to other fossil … Continued