Press Release

Zachry Industrial, Inc. awarded FLNG project in joint venture with CB&I

Posted: 03/12/2012

Zachry Industrial, Inc. and CB&I were awarded the FEED (front-end engineering and design) contract for the engineering and design of the Freeport Liquefaction Project near Freeport, Texas. Zachry and CB&I will engineer and design three LNG liquefaction trains (each rated at 4.4 million tons per year (mtpa)) and corresponding pretreatment facilities to be located near the existing Freeport LNG Regasification Terminal.

Within the three-train design, the Zachry CB&I JV will develop a fixed price/fixed schedule EPC proposal for both a one-train initial development and a two-train initial development, giving Freeport LNG the ability to choose the size of the initial project phase based on customer demand. The FEED, set for completion in late 3rd quarter 2012, will set the stage for mobilization, likely in 1st quarter 2013.

As the constructor of the original LNG plant, Zachry has significant experience in the LNG industry as well as large capital experience in the region. Zachry will continue its legacy of hiring a local workforce from the Gulf Coast area and continue to build on its long history of community involvement, seeking to create meaningful volunteer opportunities that deliver a durable and purposeful impact. Zachry has already completed several community service endeavors in Brazoria and the surrounding counties, including: Boys and Girls Club in Brazoria County; 4H; Brazoria County Youth Homes; and more.