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14 August 2018
ENG: New Contract
ENGLOBAL ANNOUNCES PROCESS ANALYTICAL AWARD VALUED AT $11 MILLION
HOUSTON, TX, Aug. 14, 2018 (GLOBE NEWSWIRE) -- ENGlobal (NASDAQ: ENG), a leading provider of engineering and automation services, today announced that the Company has been selected by a major E&C firm as the supplier of Analytical Process Control and Continuous Emission Monitoring Systems for a major new ethane steam cracker on the U.S. Gulf Coast. The systems being supplied by ENGlobal will provide critical feedback information on both product quality and operating conditions for this new facility. Today's award, valued at approximately $11 million, will be performed by the Company's Automation business segment.
William A. Coskey, P.E., CEO of ENGlobal stated, "We are very excited and honored to be selected for this important Project. Today's award is an excellent example of how ENGlobal's vertically integrated model can be utilized to engineer, fabricate and integrate highly technical, modular solutions."
Mr. Coskey added: "I believe a large part of our success is a direct result of serving our E&C customer well on our previous work for them over the years - and specifically on a recently shipped, major analytical project. Through our team's successful execution and delivery, we were able to highlight both our technical and project management skills on major projects such as this one. "
ENGlobal's scope will include engineering, fabrication, integration and testing of analyzer shelters, field cabinets and field instrument stands consisting of approximately 140 process and continuous emission monitoring analyzers which utilize multiple technologies. Design of these systems is expected to commence immediately, with project execution being scheduled over the next 18 months.
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