Reports related to this article:
Project(s): View 10 related projects in PECWeb
Plant(s): View 5 related plants in PECWeb
Released July 13, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--A "return to growth" in North and South America is improving the outlook for AECOM Technology Corporation (NYSE:ACM) (Los Angeles, California), which, in a presentation at the end of the previous quarter, reported a strong project backlog that was attributed to business from its Design & Consulting Services segment in the U.S. and Canada. Industrial Info's project database is tracking 152 projects, worth $84.67 billion, that involve AECOM in some capacity. The 10 highest-valued projects account for 64% of that total, and 95% can be attributed to just four industries: Industrial Manufacturing, Oil & Gas Production, Power and Oil & Gas Pipelines.
The two highest-valued projects involving AECOM in the Oil & Gas Production Industry are part of Chevron Corporation's (NYSE:CVX) (San Ramon, California) $45 billion-to-$65 billion Alaska LNG Project, which would produce liquefied natural gas (LNG) and ship it to overseas markets: the $15 billion LNG liquefaction production and export terminal on the Kenai Peninsula and the $7.5 billion LNG gas treatment plant in Prudhoe Bay. AECOM is serving as an engineering consultant in both projects. Although the Alaska LNG project received approval from the U.S. Department of Energy (DoE) to export natural gas over the next two years, the global market's oversupply of LNG has made the new project more difficult to justify. It still is in its preliminary design phase, and permit approval isn't expected for at least three years; it would not begin production until 2025 at the earliest.
CH2M Hill (Englewood, Colorado) also plays a major role in the project. For more information, including details on major components, capacity expectations and contractor contact information, see Industrial Info's project reports on the Kenai terminal and Prudhoe Bay plant, and the June 21, 2016, article - CH2M Hill's 10 Highest-Valued Projects Span Alaska LNG, Canadian Pipelines, Electric Cars.
The largest Oil & Gas Pipeline Industry project to feature AECOM also is part of Alaska LNG: Exxon Mobil Corporation (NYSE:XMO) (Irving, Texas) and TransCanada Corporation's (NYSE:TRP) (Calgary, Alberta) $5.5 billion natural gas pipeline from Alaska's North Slope to the Kanai Peninsula. For more information, including capacities, measurements, operating pressure, major components and contractor contact information, see Industrial Info's project report.
AECOM also is serving as prime contractor on one of the most widely anticipated infrastructure projects in New York: Metropolitan Transit Authority's $4.45 billion Phase I and $3.8 billion Phase II of the Second Avenue Subway in New York City. The first phase of the project, which has been under consideration for almost 100 years, is scheduled to open in December, but disputes between the transit authority and contractors are widely expected to spur further delays, according to New York Post. For more information, see Industrial Info's project reports on Phase I and Phase II.
The largest Power Industry project to feature AECOM is one of the most closely watched transmission and distribution projects in Canada: Hydro-Quebec's (Montreal, Quebec) $2.2 billion Champlain Hudson Power Express (CHPE) Transmission Line, on which AECOM is serving as the owner's engineer. The line runs from Hydro-Quebec's Hertel Substation in Montreal, to a new converter station in Astoria, New York, and then to another Hydro Quebec converter substation across the border. The project, still in its early planning phase, is driven by an agreement among the U.S., Canada and Mexico to source about half of their power from clean generation sources by 2025; Lake Champlain, where the line originates, is becoming a hub for Canadian hydropower. For more information, including component lengths and capacities, construction requirements and contacts, see Industrial Info's project report.
The four other highest-valued projects to involve AECOM are:
The two highest-valued projects involving AECOM in the Oil & Gas Production Industry are part of Chevron Corporation's (NYSE:CVX) (San Ramon, California) $45 billion-to-$65 billion Alaska LNG Project, which would produce liquefied natural gas (LNG) and ship it to overseas markets: the $15 billion LNG liquefaction production and export terminal on the Kenai Peninsula and the $7.5 billion LNG gas treatment plant in Prudhoe Bay. AECOM is serving as an engineering consultant in both projects. Although the Alaska LNG project received approval from the U.S. Department of Energy (DoE) to export natural gas over the next two years, the global market's oversupply of LNG has made the new project more difficult to justify. It still is in its preliminary design phase, and permit approval isn't expected for at least three years; it would not begin production until 2025 at the earliest.
CH2M Hill (Englewood, Colorado) also plays a major role in the project. For more information, including details on major components, capacity expectations and contractor contact information, see Industrial Info's project reports on the Kenai terminal and Prudhoe Bay plant, and the June 21, 2016, article - CH2M Hill's 10 Highest-Valued Projects Span Alaska LNG, Canadian Pipelines, Electric Cars.
The largest Oil & Gas Pipeline Industry project to feature AECOM also is part of Alaska LNG: Exxon Mobil Corporation (NYSE:XMO) (Irving, Texas) and TransCanada Corporation's (NYSE:TRP) (Calgary, Alberta) $5.5 billion natural gas pipeline from Alaska's North Slope to the Kanai Peninsula. For more information, including capacities, measurements, operating pressure, major components and contractor contact information, see Industrial Info's project report.
AECOM also is serving as prime contractor on one of the most widely anticipated infrastructure projects in New York: Metropolitan Transit Authority's $4.45 billion Phase I and $3.8 billion Phase II of the Second Avenue Subway in New York City. The first phase of the project, which has been under consideration for almost 100 years, is scheduled to open in December, but disputes between the transit authority and contractors are widely expected to spur further delays, according to New York Post. For more information, see Industrial Info's project reports on Phase I and Phase II.
The largest Power Industry project to feature AECOM is one of the most closely watched transmission and distribution projects in Canada: Hydro-Quebec's (Montreal, Quebec) $2.2 billion Champlain Hudson Power Express (CHPE) Transmission Line, on which AECOM is serving as the owner's engineer. The line runs from Hydro-Quebec's Hertel Substation in Montreal, to a new converter station in Astoria, New York, and then to another Hydro Quebec converter substation across the border. The project, still in its early planning phase, is driven by an agreement among the U.S., Canada and Mexico to source about half of their power from clean generation sources by 2025; Lake Champlain, where the line originates, is becoming a hub for Canadian hydropower. For more information, including component lengths and capacities, construction requirements and contacts, see Industrial Info's project report.
The four other highest-valued projects to involve AECOM are:
- $10 billion: Texas Central Railway's Dallas-to-Houston High-Speed Rail Project
For more information, see Industrial Info's project report. - $2 billion: ExxonMobil Corporation and TransCanada Corporation's natural gas treating plant (Alaska LNG Project) in Prudhoe Bay, Alaska
For more information, see Industrial Info's project report. - $1.79 billion: Hennepin County Regional Railroad Authority's Southwest Light Rail Green Line expansion in Minneapolis, Minnesota
For more information, see Industrial Info's project report. - $1.6 billion: Metrolinx's Hurontario Light Rail Transit Project in Mississauga, Ontario
For more information, see Industrial Info's project report.
