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Released April 04, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Tetra Tech Incorporated (NASDAQ:TTEK) (Pasadena, California) is expanding its presence in the engineering market. The company already has made two major acquisitions this year: aviation-technology firm Bridgenet International Incorporated and infrastructure engineer Norman Disney & Young. Industrial Info's project database is tracking nearly $40 billion in active projects involving Tetra Tech. More than 77% of the total investment value can be found among the 10 highest-valued projects, and almost 95% of the total can be attributed to just three industries: Oil & Gas Production, Power Generation and Metals & Minerals.

AttachmentClick on the image at right for a graph detailing Tetra Tech's projects across all the industries it services.

Tetra Tech's biggest project also involves Bechtel Corporation (San Francisco, California) and Yokogawa Corporation of America (Sugar Land, Texas): Cheniere Energy's (NYSE:LNG) (Houston, Texas) liquefied natural gas (LNG) production and export facility in Corpus Christi, Texas, which alone accounts for five of its 10 highest-valued projects. Tetra Tech is serving as environmental consultant on all major phases of the project, including the $5.5 billion Train 1 and the $5.5 billion Train 2, both of which began construction in 2015.

Tetra Tech also is serving as environmental consultant on Cheniere's proposed LNG production trains 3, 4 and 5 at Corpus Christi, each valued at $3 billion. Each train is expected to produce 4.5 million tons per year of LNG from 1 billion cubic feet per day of natural gas. Although plans for the last three trains have not been finalized, they were given momentum earlier this year when Cheniere entered into an LNG sales agreement with China National Petroleum Corporation (CNPC) (Beijing, China) for 1.2 million metric tons per year of LNG, which will be supplied by Cheniere's Sabine Pass facility. For more information, see Industrial Info's project reports on Train 1, Train 2, Train 3, Train 4 and Train 5, as well as March 30, 2018, article - U.S. LNG Capacity to Reach 10.2 Bcf/d by 2020; February 22, 2018, article - Cheniere Narrows Annual Net Loss as LNG Cargoes Increase, Trains Come Online; and February 12, 2018, article - Cheniere Signs LNG Sales Agreement with China.

Like most other leading engineering, procurement and construction (EPC) companies, Tetra Tech is at work on several natural gas-fired power plants, including two natural gas-fired, combined-cycle (NGCC) power plants in Ohio: Apex Power Group LLC's (Plainfield, Indiana) $1.49 billion Guernsey Power Station in Byesville and Advanced Power AG's (Zug, Switzerland) $1.1 billion South Field Energy Center in Wellsville. The Guernsey station will generate 1,650 megawatts (MW) from three combustion turbines and three steam turbines, while the South Field station will generate 1,100 MW from a pair of combustion turbines and a steam turbine. Tetra Tech is a consultant on both projects, and all steam turbines will be provided by General Electric (NYSE:GE). For more information, see Industrial Info's reports on the Guernsey and South Field projects.

Another widely watched energy project featuring Tetra Tech can be found in the renewable sector: Statoil ASA's (NYSE:STO) (Stavangar, Norway) proposed, $3 billion Empire Wind Offshore Project in Ocean Beach, New York. The facility, to be located 10 miles south of Long Island, would use 100 wind turbines from Siemens AG (Munich, Germany), each with a capacity of 10 MW, to generate 1,000 MW. Statoil--which is in the process of changing its name to Equinor, to reflect a less oil-focused outlook--is building the windfarm to help New York achieve its ambitious renewable energy goal, which mandates an increase in the share of renewables in its energy mix to 50% by 2030. For more information, see Industrial Info's project report.

The largest U.S.-based Metals & Minerals Industry project to feature Tetra Tech is readying to begin construction: NioCorp Developments Limited's (Centennial, Colorado) $979 million niobium mine and mill in Elk Creek, Nebraska. It is expected to produce 7,055 tons per year of ferroniobium, 11,445 tons per year of titanium dioxide and 103 tons per year of scandium trioxide over a 32-year mine life. NioCorp recently completed an independent technical review of the project that found "favorable characteristics" and "no technical fatal flaws," according to a press release from NioCorp, and signed Rockies Express to supply the facility with a 27.8-mile natural gas pipeline. For more information, see Industrial Info's project report.

The highest-valued project Metals & Minerals project involving Tetra Tech is seeing some flickers of life, after weak commodity prices stalled progress for years: Seabridge Gold Incorporated's (NYSE:SA) (Toronto, Ontario) $5.31 billion Kerr-Sulphurets-Mitchell (KSM) gold-copper mine near Stewart, British Columbia. The mine is designed to extract 540,000 ounces per year of gold, 156 million pounds per year of copper, 1.2 million pounds per year of molybdenum and 2.2 million ounces per year of silver over a 53-year mine life.

Although Seabridge is still seeking a partner to develop the facility, the company is preparing for a permanent, year-round camp, which will include a helipad and water-treatment plant. Tetra Tech is slated to serve as process consultant. For more information, see Industrial Info's project report.

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/.
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