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Researched by Industrial Info Resources (Sugar Land, Texas)--Kiewit Corporation (Omaha, Nebraska), a global provider of engineering, procurement and construction (EPC) services, is at work on a variety of projects in North America's Oil & Gas Production, Power Generation and Industrial Manufacturing industries. Kiewit is taking part in $11.46 billion in project completions and $1.67 billion in project starts that are planned for the fourth quarter, according to Industrial Info's project database.
Oil & Gas Production Industry Drives Kiewit's Fourth-Quarter Completions
Among the projects set to wrap up before the end of the year is one of the most pivotal for the U.S. energy market: Dominion Resources' (NYSE:D) (Richmond, Virginia) $4 billion Cove Point LNG liquefaction plant in Lusby, Maryland, which is expected to liquefy 1 billion cubic feet per day of natural gas into about 5.25 million tons per year of LNG, for export. Authorities recently cleared Cove Point to introduce feed gas. Currently, Cheniere Energy Incorporated's (NSYE:LNG) (Houston, Texas) Sabine Pass facility in Louisiana is the only U.S. facility exporting LNG; Dominion's facility eventually will have an export capacity equivalent to one-third that of Sabine Pass.
Construction on the Cove Point facility began in 2014, with Kiewit performing EPC services. Dominion executives recently said the facility was "95% complete," and an $80 million steam cogeneration unit is expected to wrap up concurrently. For more information, see Industrial Info's project reports on the LNG facility and the cogeneration unit, and August 3, 2017, article - Dominion Energy: Cove Point LNG Facility 95% Complete.
Out at sea, first oil is expected before the end of the year at Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) $2 billion gravity-based structure for the Hebron Offshore Crude Oil Production Platform in Canada's Labrador Sea. The platform recently was installed and is in its final phases of commissioning; the gravity-based structure is expected to store 1.3 million barrels of crude oil, and stabilize the topside facilities for the initial production of 150,000 BBL/d crude oil. The project consortium includes Suncor Energy (NYSE:SU) (Calgary, Alberta), Statoil ASA (NYSE:STO) (Stavanger, Norway) and Nalcor Energy (St. John's, Newfoundland and Labrador). For more information, see Industrial Info's project report.
Kiewit's Kickoffs Span Multiple Industries
Another major U.S. natural gas-fired plant is expected to lead Kiewit's projected construction starts in the fourth quarter: Itochu Corporation's (Tokyo, Japan) $950 million Hickory Run Energy Station in New Castle, Pennsylvania. The natural gas-fired, combined-cycle (NGCC) Hickory Run project has a nominal generating capacity of 1,000 megawatts (MW) and is expected to be operational in the second quarter of 2020.
The project received a series of boosts over the summer, as South Jersey Resources Group LLC, a subsidiary of South Jersey Industries Incorporated (NYSE:SJI) (Hammonton, New Jersey), agreed to be the exclusive provider of natural gas supplies and the services, and Kansai Electric Power Company Incorporated (Osaka, Japan) and KB Asset Management (Seoul, South Korea) made significant investments in its development. For more information, see Industrial Info's project report and August 28, 2017, article - Tyr Energy Begins Construction on Pennsylvania Natural Gas-fired Power Plant.
Kiewit's other high-value U.S. project set to kick off in the fourth quarter has a less certain schedule: Massachusetts Bay Transportation Authority's $449 million extension of the Green Line commuter rail in Canton, Massachusetts. CH2M Hill Companies (Englewood, Colorado), one of Kiewit's fellow contractors on the project, was dropped as a contractor after regulators spotted a potential conflict of interest, according to The Boston Globe. But state officials are optimistic the 3.2-mile addition will continue apace. For more information, see Industrial Info's project report.
Earlier this month, Kinder Morgan Canada Limited (TSX:KML) (Calgary, Alberta) selected one of Kiewit's joint ventures as one of six contractors to build the Trans Mountain crude oil pipeline expansion project in British Columbia and Alberta. This was no surprise, as Kiewit Ledcor TMEP Partnership, which is co-owned by Ledcor Group (Vancouver, British Columbia), already had been at work on two key aspects of the full Trans Mountain project that are projected to kick off by the end of the year: $75 million in crude-export terminal dock additions and $70 million in crude tank additions. For more information, see Industrial Info's project reports on the dock and tank expansions, and September 11, 2017, article - Kinder Morgan Picks Contractors for Trans Mountain Pipeline Project.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Oil & Gas Production Industry Drives Kiewit's Fourth-Quarter Completions
Among the projects set to wrap up before the end of the year is one of the most pivotal for the U.S. energy market: Dominion Resources' (NYSE:D) (Richmond, Virginia) $4 billion Cove Point LNG liquefaction plant in Lusby, Maryland, which is expected to liquefy 1 billion cubic feet per day of natural gas into about 5.25 million tons per year of LNG, for export. Authorities recently cleared Cove Point to introduce feed gas. Currently, Cheniere Energy Incorporated's (NSYE:LNG) (Houston, Texas) Sabine Pass facility in Louisiana is the only U.S. facility exporting LNG; Dominion's facility eventually will have an export capacity equivalent to one-third that of Sabine Pass.
Construction on the Cove Point facility began in 2014, with Kiewit performing EPC services. Dominion executives recently said the facility was "95% complete," and an $80 million steam cogeneration unit is expected to wrap up concurrently. For more information, see Industrial Info's project reports on the LNG facility and the cogeneration unit, and August 3, 2017, article - Dominion Energy: Cove Point LNG Facility 95% Complete.
Out at sea, first oil is expected before the end of the year at Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) $2 billion gravity-based structure for the Hebron Offshore Crude Oil Production Platform in Canada's Labrador Sea. The platform recently was installed and is in its final phases of commissioning; the gravity-based structure is expected to store 1.3 million barrels of crude oil, and stabilize the topside facilities for the initial production of 150,000 BBL/d crude oil. The project consortium includes Suncor Energy (NYSE:SU) (Calgary, Alberta), Statoil ASA (NYSE:STO) (Stavanger, Norway) and Nalcor Energy (St. John's, Newfoundland and Labrador). For more information, see Industrial Info's project report.
Kiewit's Kickoffs Span Multiple Industries
Another major U.S. natural gas-fired plant is expected to lead Kiewit's projected construction starts in the fourth quarter: Itochu Corporation's (Tokyo, Japan) $950 million Hickory Run Energy Station in New Castle, Pennsylvania. The natural gas-fired, combined-cycle (NGCC) Hickory Run project has a nominal generating capacity of 1,000 megawatts (MW) and is expected to be operational in the second quarter of 2020.
The project received a series of boosts over the summer, as South Jersey Resources Group LLC, a subsidiary of South Jersey Industries Incorporated (NYSE:SJI) (Hammonton, New Jersey), agreed to be the exclusive provider of natural gas supplies and the services, and Kansai Electric Power Company Incorporated (Osaka, Japan) and KB Asset Management (Seoul, South Korea) made significant investments in its development. For more information, see Industrial Info's project report and August 28, 2017, article - Tyr Energy Begins Construction on Pennsylvania Natural Gas-fired Power Plant.
Kiewit's other high-value U.S. project set to kick off in the fourth quarter has a less certain schedule: Massachusetts Bay Transportation Authority's $449 million extension of the Green Line commuter rail in Canton, Massachusetts. CH2M Hill Companies (Englewood, Colorado), one of Kiewit's fellow contractors on the project, was dropped as a contractor after regulators spotted a potential conflict of interest, according to The Boston Globe. But state officials are optimistic the 3.2-mile addition will continue apace. For more information, see Industrial Info's project report.
Earlier this month, Kinder Morgan Canada Limited (TSX:KML) (Calgary, Alberta) selected one of Kiewit's joint ventures as one of six contractors to build the Trans Mountain crude oil pipeline expansion project in British Columbia and Alberta. This was no surprise, as Kiewit Ledcor TMEP Partnership, which is co-owned by Ledcor Group (Vancouver, British Columbia), already had been at work on two key aspects of the full Trans Mountain project that are projected to kick off by the end of the year: $75 million in crude-export terminal dock additions and $70 million in crude tank additions. For more information, see Industrial Info's project reports on the dock and tank expansions, and September 11, 2017, article - Kinder Morgan Picks Contractors for Trans Mountain Pipeline Project.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
