Tagged: industry

G2X Energy Inc. of Houston says it plans a $1.3 billion plant to turn natural gas into gasoline at the Port of Lake Charles.

Louisiana Economic Development said Tuesday it would create 243 jobs averaging $66,500 a year.

They say G2X will lease 200 acres at the Industrial Canal where it can ship gas by pipeline or sea. However, a final decision is waiting on more feasibility analysis.

Omega Natchiq Inc. expects to complete construction of a bigger fabrication facility during February.

Officials of the New Iberia-based oilfield service company tell the Daily Iberian the facility is being built at a cost of about $5 million.

Company President Gary Buchanan says the facility will allow the company to move all of its subsea deepwater fabrication projects — now handled outdoors — into a more protected environment.