When completed, the three-train terminal would be one of the largest in the U.S., with a capacity of about 16.5 million tons per year, according to developer Energy Transfer.
Expecting to gain in an oil-services market that is showing signs of a recovery, sector engineering- construction giant Technip, Paris, and FMC Technologies, Houston, are set to merge next year to create an estimated $20-billion megafirm, the companies announced on May 19.