Primoris Services Corporation Announces Engineering Award Valued Over $11 Million
- The award is for an engineering, design and supply contract for a new liquid natural gas (“LNG”) storage and regasification facility.
- The current scope of work for OnQuest includes the regasification system, LNG supply lines, 4,000 cubic meters of storage and complete balance of plant engineering, including start-up and commissioning support. We expect additional scope to be awarded in the fourth quarter of 2019.
- Engineering commenced in the third quarter of 2019, and completion of current scope is expected in the third quarter of 2020.
Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the larger publicly traded specialty contractors and infrastructure companies in
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements, including with regard to the Company’s future performance. Words such as "estimated," "believes," "expects," "projects," “may,” and "future" or similar expressions are intended to identify forward-looking statements. Forward looking statements inherently involve known and unknown risks, uncertainties, and other factors, including without limitation, those described in this press release and those detailed in the "Risk Factors" section and other portions of our Annual Report on Form 10-K for the period ended
Vice President, Investor Relations
Source: Primoris Services Corporation