HOUSTON, Dec. 01, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq:AETI), a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has recently shipped power delivery solutions for two liquefied natural gas (LNG) projects in Texas.
M&I Electric recently shipped a custom-engineered power distribution center (PDC) for the power generation, distribution, and control of a new 100,000 gallon per day natural gas liquefaction and distribution facility located in the heart of the Eagle Ford Shale. The PDC contained low voltage and medium voltage switchgear, motor control center, uninterruptible power supply equipment and a variable frequency drive. M&I Electric was awarded the project due to their ability to provide a customized and integrated PDC with a short-cycle delivery time. The micro-LNG plant will produce LNG from Eagle Ford Shale feedstock as a substitute for diesel to be used in high-horsepower fuel applications including drilling, pressure pumping, power generation, trucking, rail, mining and other industrial applications.
M&I Electric also recently shipped medium voltage switchgear to one of the largest producers and distributors of LNG in North America for their first liquefaction train at a new LNG facility located south of Dallas, Texas. The first train will have initial production capacity of 30 million gallons of LNG per year and the plant will serve transportation and industrial end-users in Texas, Oklahoma and Louisiana who are interested in converting to a lower cost, cleaner burning alternative to diesel or propane fuel.
"We are very pleased to have been selected to provide power delivery systems to enable these new LNG projects," said Charles Dauber, President and CEO, AETI. "These projects exemplify our mission of Empowering EnergyTM and our growing success in the LNG segment of the global energy industry. We look forward to partnering with these and other LNG producers to provide future successful projects in the LNG and other downstream oil & gas applications."
About AETI:
American Electric Technologies, Inc. (NASDAQ:AETI) is a leading supplier of power delivery solutions for the global energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I construction services. South Coast Electric Systems L.L.C., a subsidiary, services Gulf Coast marine and vessel customers.
AETI is headquartered in Houston and has global operations in Beaumont, Texas; Bay St. Louis, Mississippi, and Rio de Janeiro and Macae, Brazil. In addition, AETI has minority interests in two joint ventures, which have facilities located in Xian, China and Singapore. AETI’s SEC filings, news and product/service information are available at www.aeti.com.
Contact: American Electric Technologies, Inc. Mark Haubert 281-493-8855


Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Washington Post Publisher Will Lewis Steps Down After Layoffs
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 



