Kiewit Energy Company, Air Products Announce Modularized Offering for Smaller Scale LNG Projects
Kiewit Energy Company (Kiewit Energy) and Air Products have agreed to
collaborate on small-scale liquefied natural gas (LNG) projects in North
America to meet the growing demand for LNG production. The collaboration
provides customers with a one-stop-shop and rapid response to the
design, construction and commissioning of projects.
“Natural gas consumption — particularly in the transportation sector —
will have a significant impact on the demand for LNG, and our customers
need effective, practical ways to move gas resources to market,” said
Dan Lumma, senior vice president for Kiewit Energy Group Inc. “Working
jointly, Kiewit Energy and Air Products offer customers the best
combination of performance, cost and delivery.”
The modularized design and technology offered by Kiewit Energy and Air
Products can be used on projects that produce up to 500,000 gallons per
day of LNG. Through a unified approach, Kiewit Energy is responsible for
project management, overall engineering and design, construction and
commissioning, while Air Products leads the design and supply the
liquefaction equipment. This streamlined, collaborative approach helps
ensure projects meet cost and schedule requirements.
“As a team, Kiewit Energy and Air Products are providing lump sum
turnkey offerings that bring significant cost and time-saving benefits
to customers,” said Larry Balascak, LNG commercial manager at Air
Products. “With an extensive roster of successful LNG projects and
experience in working together, we are well-equipped to serve customers
considering smaller LNG facilities.”
Earlier this month, Kiewit Energy and Air Products entered into a formal
agreement to solidify the alliance. The two companies are currently
working together on an LNG export terminal and a peakshaver facility in
the United States.
About Kiewit
Kiewit Corporation and its subsidiaries is one
of North America’s largest and most respected construction and
engineering organizations. With its roots dating back to 1884, the
employee-owned organization operates through a network of subsidiaries
in the United States, Canada and Australia. Kiewit offers construction
and engineering services in a variety of markets including
transportation, water/wastewater, power, oil, gas and chemical, building
and mining. Kiewit had 2014 revenues of $10.4 billion and employs more
than 25,700 staff and craft employees.
About Air Products
Air Products (NYSE:APD) is a leading
industrial gases company. For nearly 75 years, the company has provided
atmospheric, process and specialty gases, and related equipment to
manufacturing markets including metals, food and beverage, refining and
petrochemical, and natural gas liquefaction. A majority of the total
worldwide LNG is produced with Air Products LNG liquefaction technology.
Air Products’ materials technologies segment serves the semiconductor,
polyurethanes, cleaning and coatings, and adhesives industries. Over
20,000 employees in 50 countries are working to make Air Products the
world’s safest and best performing industrial gases company, providing
sustainable offerings and excellent service to all customers. In fiscal
2014, Air Products had sales of $10.4 billion and was ranked number 276
on the Fortune 500 annual list of public companies. For more
information, visit www.airproducts.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151027006976/en/
Copyright Business Wire 2015
Source: Business Wire
(October 27, 2015 - 7:00 PM EDT)
News by QuoteMedia
www.quotemedia.com