Technip Energies has obtained the full notice to proceed (FNTP) for an engineering, procurement and construction (EPC) contract with Caturus’ Commonwealth LNG project in the US.

The midstream asset, which has a design capacity of 9.5 million tonnes per annum, is under development in Cameron Parish, Louisiana.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.


Find out more

Technip Energies did not disclose the contract’s exact value but said it is expected to generate more than €1bn ($1.16bn) in revenue.

The contract involves supplying six identical liquefaction trains using Technip Energies’ SnapLNG by T.EN, a modular and scalable technology.

This uniform design across the trains aims to speed up project timelines and manage costs effectively, while enhancing predictability and reliability.

The FNTP announcement comes after the $13bn final investment decision on the facility by Caturus, allowing Technip Energies to move from initial phases to full project execution.

Caturus also secured $9.75bn in project financing for the construction of the liquefied natural gas (LNG) export facility.

Technip Energies CEO Arnaud Pieton said: “The final investment decision by Commonwealth LNG is a pivotal moment for this strategic project. We are delighted to move forward with the execution phase and to bring our industry-leading expertise in modular LNG solutions to Commonwealth LNG.

“By leveraging our SnapLNG by T.EN productised solution, we anticipate delivering a highly efficient facility that will support reliable LNG supply and strengthen global energy security.”

Commonwealth LNG will feature five storage tanks, each with a capacity of 50,000m³. It will be capable of receiving vessels as large as 216,000m³.

The gas supply will come through a newly built three-mile (4.8km)-long pipeline that connects to two major pipeline networks.

By using modular construction, Commonwealth LNG can shift more than ten million work hours to fabrication shops. This reduces field construction staff to an average of under 800 full-time equivalent workers each month, and to fewer than 2,000 during peak periods.

Typically, a similar field-built project may need 8,000–10,000 workers at its peak. This approach also lessens the demand on local resources such as law enforcement, temporary infrastructure and community support services.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *