Meridian signs Letter of Intent with leading EPC provider for Davis Refinery in North Dakota
BELFIELD, N.D., April 16, 2018 (GLOBE NEWSWIRE) -- Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced today that it has signed a letter of intent (“LOI”) with a leading specialty engineering, procurement
This LOI represents a major milestone for Meridian and comes at a critical point in time as Meridian prepares to receive the final issuance of the permit to construct (“PTC”) for the Davis Refinery from the North Dakota Department of Health (“NDDoH”) in the coming weeks. The Contractor is the largest specialized infrastructure solutions provider in North America and has met all Meridian criteria for a forward-thinking EPC contractor that understands the significance of the Davis Refinery on the future of the refining industry. Meridian is confident that the Contractor is an ideal EPC partner to carry out and implement the detailed design and engineering of the Davis Refinery and the standard of emission controls the facility will set for the refining industry moving forward.
William Prentice, CEO of Meridian Energy Group said of the LOI, “With our PTC being finalized by NDDoH over the next few weeks, the single most important milestone left for Meridian to achieve was the selection of our EPC partner for the Davis Refinery. The Contractor we have selected to be our EPC partner is exceptionally
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