With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.
Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.