Magnolia LNG, Turners Bay Ink Dredge Servitude Deal

Liquefied Natural Gas Limited (LNGL) said in its latest release that their wholly owned subsidiary Magnolia LNG has executed a Servitude Agreement with Turners Bay LLC, a Louisiana limited liability company.

The partnership includes the right to deposit dredge spoils on certain tracts of land located in Calcasieu Parish, Louisiana (Servitude Property) as per the Project’s Beneficial Use of Dredged Material (BUDM) Plan and the U.S. Army Corps of Engineers (USACE) Section 404/10 Permit.

“Partnering with a local Lake Charles company such as Turners Bay to create wetlands is an example of the actions LNGL will take to be a responsible and positive corporate citizen and invest in the local communities where we operate. LNGL will continue to do business with local partners and support our communities on both our Magnolia LNG and Bear Head LNG projects,” said Greg Vesey, LNGL Managing Director and Chief Executive Officer.

The Turners Bay Servitude Property was originally secured under an option agreement in 2015 under the premise that dredged material generated by the Magnolia Project would be used to safeguard the remaining marsh and semi-enclose, and therefore protect Turners Bay by restoring marsh and the estuarine habitat.

 

Share this article

Follow Dredging Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

2019 Western Dredging Association Gulf Coast Chapter Annual Meeting

The meeting will provide a forum for the exchange of information of interest to the dredging industry and its associates.

read more >

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply