{"id":383466,"date":"2020-11-17T16:33:27","date_gmt":"2020-11-17T21:33:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383466"},"modified":"2020-11-17T16:33:27","modified_gmt":"2020-11-17T21:33:27","slug":"technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/","title":{"rendered":"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility"},"content":{"rendered":"<p>        <!--.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nTechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility\n<\/p>\n<p>LONDON &amp; PARIS &amp; HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has received a Notice to Proceed for a major<sup>(1)<\/sup> Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energ\u00e9tica Nova, S.A.B. de C.V. (IEnova) at their Energ\u00eda Costa Azul (ECA) liquefied natural gas (LNG) facility in Baja California, Mexico. The project will add a natural gas liquefaction facility with nameplate capacity of 3.25 Mtpa<sup>(2) <\/sup>to the existing regasification terminal using a compact and high efficiency mid-scale LNG design.\n<\/p>\n<p>\nThis addition will allow for natural gas liquefaction and LNG export capability at the ECA LNG facility, which has been operating as a regasification terminal since 2008. ECA LNG is one of Sempra LNG\u2019s strategically located natural gas liquefaction infrastructure projects currently in development in North America.\n<\/p>\n<p>\nTechnipFMC has been involved in this project since 2017, including the delivery of the FEED<sup>(3)<\/sup>.\n<\/p>\n<p>\nArnaud Pieton, President of Technip Energies, stated: <i>\u201cWe are very pleased to have been selected by Sempra LNG and IEnova for this strategic development. This project is fully aligned with our selective approach through very early stage involvement. We look forward to bringing our global project execution capabilities and our extensive LNG track record to this exciting project. LNG plays a major role in the energy transition, and we are proud to leverage our expertise to support this journey.\u201d<\/i><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><i>(1)<\/i><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><i>For TechnipFMC, a \u201cmajor\u201d contract is over $1.0 billion.<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><i>(2)<\/i><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><i>Mtpa = Million tons per annum<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><i>(3)<\/i><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><i>FEED: Front End Engineering Design<\/i><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>Important Information for Investors and Securityholders<\/b><\/p>\n<p>\nForward-Looking Statement\n<\/p>\n<p>\nThis release contains &#8220;forward-looking statements&#8221; as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words \u201cbelieve\u201d, \u201cestimated\u201d and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.\n<\/p>\n<p><b>About TechnipFMC<\/b><\/p>\n<p>\nTechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers\u2019 project economics.\n<\/p>\n<p>\nOrganized in three business segments \u2014 Subsea, Surface Technologies and Technip Energies \u2014 we are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our customers in developing their energy resources and in their positioning to meet the energy transition challenge.\n<\/p>\n<p>\nEach of our approximately 37,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.\n<\/p>\n<p><b>TechnipFMC utilizes its website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.TechnipFMC.com&amp;esheet=52330272&amp;newsitemid=20201117006172&amp;lan=en-US&amp;anchor=www.TechnipFMC.com&amp;index=1&amp;md5=a1868136b08dd0916099a379df25269c\">www.TechnipFMC.com<\/a> as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world\u2019s energy industry, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.TechnipFMC.com&amp;esheet=52330272&amp;newsitemid=20201117006172&amp;lan=en-US&amp;anchor=www.TechnipFMC.com&amp;index=2&amp;md5=066c085c96b5c27bce2ce84705f5b190\">www.TechnipFMC.com<\/a> and follow us on Twitter @TechnipFMC.<\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006172r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117006172\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117006172\/en\/<\/a><\/span><\/p>\n<p><b>Investor relations<br \/>\n<\/b><br \/>Matt Seinsheimer<br \/>\n<br \/>Vice President Investor Relations<br \/>\n<br \/>+1 281 260 3665<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@TechnipFMC.com\">Matt Seinsheimer<\/a><\/p>\n<p>\nPhillip Lindsay<br \/>\n<br \/>Director Investor Relations Europe<br \/>\n<br \/>+44 203 429 3929<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@technipfmc.com\">Phillip Lindsay<\/a><\/p>\n<p><b>Media relations<br \/>\n<\/b><br \/>Christophe Belorgeot<br \/>\n<br \/>Senior Vice President Corporate Engagement<br \/>\n<br \/>+33 1 47 78 39 92<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@TechnipFMC.com\">Christophe Belorgeot<\/a><\/p>\n<p>\nJason Hyonne<br \/>\n<br \/>Public Relations Officer<br \/>\n<br \/>+33 1 47 78 22 89<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@TechnipFMC.com\">Jason Hyonne<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas Mexico United States France United Kingdom Central America North America Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Maritime Energy Transport Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117006172\/en\/564651\/3\/TechnipFMC_H_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility LONDON &amp; PARIS &amp; HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has received a Notice to Proceed for a major(1) Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energ\u00e9tica Nova, S.A.B. de C.V. (IEnova) at their Energ\u00eda Costa Azul (ECA) liquefied natural gas (LNG) facility in Baja California, Mexico. The project will add a natural gas liquefaction facility with nameplate capacity of 3.25 Mtpa(2) to the existing regasification terminal using a compact and high efficiency mid-scale LNG design. This addition will allow for natural gas liquefaction and LNG export capability at the ECA LNG facility, which has been operating as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383466","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility LONDON &amp; PARIS &amp; HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has received a Notice to Proceed for a major(1) Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energ\u00e9tica Nova, S.A.B. de C.V. (IEnova) at their Energ\u00eda Costa Azul (ECA) liquefied natural gas (LNG) facility in Baja California, Mexico. The project will add a natural gas liquefaction facility with nameplate capacity of 3.25 Mtpa(2) to the existing regasification terminal using a compact and high efficiency mid-scale LNG design. This addition will allow for natural gas liquefaction and LNG export capability at the ECA LNG facility, which has been operating as &hellip; Continue reading &quot;TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T21:33:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006172r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility\",\"datePublished\":\"2020-11-17T21:33:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/\"},\"wordCount\":731,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201117006172r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\\\/\",\"name\":\"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/","og_locale":"en_US","og_type":"article","og_title":"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility - Market Newsdesk","og_description":"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility LONDON &amp; PARIS &amp; HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has received a Notice to Proceed for a major(1) Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energ\u00e9tica Nova, S.A.B. de C.V. (IEnova) at their Energ\u00eda Costa Azul (ECA) liquefied natural gas (LNG) facility in Baja California, Mexico. The project will add a natural gas liquefaction facility with nameplate capacity of 3.25 Mtpa(2) to the existing regasification terminal using a compact and high efficiency mid-scale LNG design. This addition will allow for natural gas liquefaction and LNG export capability at the ECA LNG facility, which has been operating as &hellip; Continue reading \"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-17T21:33:27+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006172r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility","datePublished":"2020-11-17T21:33:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/"},"wordCount":731,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117006172r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-receives-notice-to-proceed-for-epc-contract-for-sempra-lngs-and-ienovas-energia-costa-azul-lng-facility\/","name":"TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG\u2019s and IEnova\u2019s Energ\u00eda Costa Azul LNG Facility - 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