Sempra Infrastructure, A Subsidiary Of Sempra Announced Port Arthur LNG Phase 2 And Bechtel Energy Have Signed A Fixed-Price Engineering, Procurement And Construction Contract For The Port Arthur LNG Phase 2 Project Under Development In Port Arthur, Texas
Portfolio Pulse from Benzinga Newsdesk
Sempra Infrastructure, a subsidiary of Sempra, announced that Port Arthur LNG Phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement, and construction contract for the Port Arthur LNG Phase 2 project in Texas.
July 18, 2024 | 11:11 am
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Sempra Infrastructure has signed a fixed-price EPC contract with Bechtel Energy for the Port Arthur LNG Phase 2 project, indicating progress and potential future revenue from the project.
The signing of a fixed-price EPC contract for the Port Arthur LNG Phase 2 project suggests that Sempra is making significant progress in its development. This could lead to future revenue streams and is a positive indicator for the company's stock.
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