Black & Veatch and Kiewit score Annova LNG contract, make equity investment
- Ports & Logistics
Black & Veatch Corporation and Kiewit Energy Group have been awarded the engineering, procurement and construction (EPC) contract for the planned Annova LNG export project in the US.
The two engineering companies have also made an equity investment in the Annova LNG project, according to a joint statement on Monday.
Terms of the deal were not disclosed.
Annova LNG plans to build a liquefied natural gas export facility with a capacity of 6 million tonnes per year at the Port of Brownsville, Texas.
“With an experienced leadership team and investment-grade equity owners including Exelon Corporation, Black & Veatch and Kiewit, Annova LNG is expected to be a leader among second wave U.S. LNG projects by catering to midscale LNG customers who are buying in 0.5 to 1.0 MTPA increments,” the statement said.
Annova LNG expects to start commercial operations in 2024.