Kiewit Takes On More than $58 Billion Worth of Projects, with Oil & Gas Top-Valued

Researched by Industrial Info Resources (Sugar Land, Texas)--Kiewit Corporation (Omaha, Nebraska) is maintaining its position as one of the top U.S.-based engineering, procurement and construction (EPC) firms with more than $58 billion in active projects globally, according to Industrial Info's project database. More than $10.5 billion of that total is attributed to projects that are set to begin construction in the U.S. and Canada before the end of the year.

Click on the image at right for a graph detailing all active Kiewit projects, by industry.

Not surprisingly, the Oil & Gas Industry holds the top spot among all industries in spending on projects involving Kiewit. Offshore exploration and production (E&P) projects are among the priciest, two of which are underway: Chevron Corporation's (NYSE:CVX) (San Ramon, California) $5.1 billion Big Foot offshore oil and gas production platform in the deepwater Gulf of Mexico, which is expected to produce up to 75,000 barrels per day (BBL/d) of oil and 25 million standard cubic feet per day of natural gas, and Husky Energy Incorporated's (TSX:HSE) (Calgary, Alberta) $2.2 billion West White Rose Project offshore Newfoundland, which is expected to produce up to 75,000 BBL/d at its peak.

The Big Foot floating production unit has been installed, and the first oil from the facility is expected later this summer. Husky announced recently that West White Rose is scheduled for completion in 2021, with first oil anticipated in 2022. For more information, see Industrial Info's reports on the Big Foot and White Rose projects.

The Industrial Manufacturing Industry is home to more than $13.5 billion in active projects involving Kiewit, most of which are transportation-related. One nearing completion is Honolulu Rail Transit's $3.72 billion high-capacity transit corridor (phases 1 and 2) in Honolulu, which will connect the Pearl Highlands commercial area to Aloha Stadium and include two stations; another, set to begin construction later this year, is Sound Transit's (Seattle, Washington) $1.5 billion extension of the North Corridor rail line in Seattle, Washington, which will add 8.5 miles along the Interstate 5 corridor. For more information, see Industrial Info's reports on the Honolulu and Seattle projects.

The Power Industry has the highest number of Kiewit-related projects, although its total investment value pales when compared with transportation or oil and gas. Construction began last year on Competitive Power Ventures Incorporated's (Braintree, Massachusetts) $1 billion Fairview Energy Center in Johnstown, Pennsylvania, a natural gas-fired, combined-cycle (NGCC) facility that is expected to generate 1,050 megawatts (MW) from a pair of 384-MW combustion turbines and a 272-MW steam turbine, all provided by General Electric (NYSE:GE). GE also is supplying a combustion turbine and a steam turbine for Fortress Investment Group LLC's (NYSE:FIG) (New York, New York) $500 million Hannibal Port Power Station in Hannibal, Ohio, which will generate a total of 485 MW. For more information, see Industrial Info's reports on the Fairview Energy Center and Hannibal Port Power Station.

The Food & Beverage Industry is not among the highest-valued areas for Kiewit, but the company is nonetheless involved in several major projects in North America, such as G3 Canada Limited's (Winnipeg, Manitoba) $39.1 million grain export terminal in North Vancouver, British Columbia. G3, formerly known as the Canadian Wheat Board, hopes to build a coast-to-coast grain-handling network in Canada. A representative told The Western Producer that the North Vancouver project is ahead of schedule, with the first grain from the facility expected next year. It will handle 8 million tons annually. For more information, see Industrial Info's project report.

Other sectors to feature Kiewit projects include liquefied natural gas (LNG) production, chemical processing, petrochemical production, steel manufacturing and desalination.

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/.