McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 2 of the Freeport LNG project, owned by Freeport LNG Development, L.P.

"We continue to advance the Freeport LNG Project with another significant accomplishment, the commercial operation of Train 2," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America. "Congratulations to the joint venture project team who has maintained a commitment to safety and quality. Now we turn our full attention to delivery of the final train."

Zachry Group, as the joint venture lead, partnered with McDermott for the Pre-FEED in 2011, followed by FEED works to support the early development stage of the project as a one-stop shop solution provider for Trains 1 and 2. Later Chiyoda joined the joint venture partnership for work related to Train 3. The project scope includes three pre-treatment trains, a liquefaction facility with three trains, a second loading berth and a 165,000 m3 full containment LNG storage tank.

Freeport LNG Train 3 remains on track to meet its previously announced schedule, with initial production of LNG scheduled for Q1 of 2020.

SOURCE: McDermott

Chinese government-backed contractor confirmed as contractor for Mag City, Phase 1 of Mag Eye homes in Meydan. 

UAE real estate developer Mag Property Development has awarded a contract to China National Chemical Engineering Group (CNCEC) – which according to its website is directly managed by China’s State-owned Assets Supervision and Administration Commission (Sasac) – for the construction of its Mag City project, which marks Phase 1 of its Mag Eye development in Dubai’s Mohammed Bin Rashid City (MBR City) in Meydan District 7.

The contract award was announced on sister company Mag Lifestyle Development’s Instagram page.

According to a March 2019 report by Construction Week’s sister title Arabian Business, Mag Lifestyle Development recorded sales worth $27.2m (AED100m) at the launch of Mag City.

The rollout included 400 units for sale within the gated residential community.

In a sponsored article shared with Arabian Business this July, the developer said it had “put a lot of thought to reimagine the dedicated space for Mag City”, which features studios; one-bedroom apartments; and two- to four-bedroom townhouses.

The Sasac-managed corporation was set up in 1953, and registered as China National Chemical Engineering Corporation in 1984, before being renamed to its current form in 2005.

Source: www.constructionweekonline.com