NV5 secures new US LNG gig

US engineering firm NV5 Global said it had won a contract worth more than $60 million from a “prominent Eastern US utility” to provide engineering, procurement, and installation of an LNG facility upgrade.

The project involves the replacement and upgrade of existing LNG process systems to improve the safety, reliability, and overall capabilities of the facility, NV5 said in a statement on Tuesday.

NV5 said the renovation would also increase the system’s liquefication capacity to assist in natural gas storage and availability during times of peak demand.

Furthermore, NV5 expects to complete the three-year project in 2025, while engineering design of the new process systems is already underway.

NV5 did not provide additional information regarding the contract.

Following a $39 million deal in January and a $25 million contract in May, this marks the third LNG contract the company revealed this year.

Last year, NV5 secured three contracts for LNG infrastructure.

- Advertisements -

Most Popular

Trafigura to supply US LNG to Germany under new deal

Commodity trader Trafigura said it would supply liquefied natural gas (LNG) from the US to Germany under a new...

Sempra and Engie seal Port Arthur LNG supply deal

French energy firm Engie has agreed to buy liquefied natural gas for a period of 15 years from Sempra...

Trinidad, Shell, BP move forward with Atlantic LNG restructuring plans

Trinidad and Tobago has signed a restructuring deal with the shareholders of LNG producer Atlantic LNG, including Shell and...

More News Like This

NV5 clinches $25 million US LNG gig

US engineering firm NV5 Global said it has secured a $25 million contract from a "prominent Northeast utility" to...

NV5 scores $39 million US LNG contract

US engineering firm NV5 Global has secured a $39 million contract to upgrade liquefaction facilities at an LNG facility in...

NV5 lands new US LNG contract

Engineering firm NV5 Global has secured another LNG contract in the US following two deals earlier this year. Under the...

NV5 secures another US LNG contract

US engineering firm NV5 Global said Monday it won a contract to provide an LNG truck loading system to...