McDermott International

Train 2 has a projected export capacity of 4 mtpa. Train 3 is expected to reach production in Q2 2020.

The firm has outlined a restructuring plan that will see it sell off subsidiaries and erase more than $4.6 billion in debt.

McDermott said the first cargo was a precursor to substantial completion of Train 2. The liquefaction unit began production on 6 December.

With McDermott announcing “substantial completion” of the production platform, operator Pemex is expected to begin commercial operations soon. Abkatun-A2 will produce up to 220,000 BOPD from shallow-water fields in the Gulf of Mexico.

Freeport marks the sixth major LNG export facility to start operations in the US. Commercial deliveries are expected to begin in September, with Osaka Gas and JERA taking half of the Train 1’s offtake capacity.

The introduction of feed gas into Train 1 of the natural gas liquefaction and LNG export facility marks the transition from construction to startup. Upon startup, Freeport LNG will become the first world-scale electric LNG liquefaction plant in North America.

The world’s largest oil producer has awarded $18 billion in engineering, procurement, and construction contracts as part of its Marjan and Berri expansion projects.

Completion comes despite two cyclones disrupting the project area during installation, McDermott said.

Anadarko Petroleum selects JV companies to provide EPC for the onshore LNG development. Saipem scores the biggest contract in its history. Work will begin upon FID, expected this month.

McDermott will work exclusively with Zamil Offshore to provide Saudi Aramco with maintenance, modifications and operations services.