Black & Veatch has been named EPC Contractor of the Year. The award, presented to Black & Veatch at the recent LNG USA Summit 2018 in Houston, cited the company’s advanced capabilities in executing complex projects and coincides with increasing investor interest in flexible, cost-effective LNG solutions that can more quickly move supply to end users.
Black & Veatch has been providing engineering, procurement and construction (EPC) solutions for topside liquefaction equipment and packages using its patented PRICO® LNG technology. The PRICO® process uses a single-mixed refrigerant loop for natural gas liquefaction, a method that requires minimal equipment and reduces capital and operating expenses.
Black & Veatch recently delivered the regasification system for the world’s first barge-based FLNG regasification and storage unit. The barge-based floating storage and regasification unit (FSRU) was delivered in December 2017 from a shipyard in Nantong, China for global oil and gas shipper Exmar.