Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Technip Energies rakes in over €1 billion for job on $13B US LNG project
Business & Finance

May 28, 2026 · about 2 months ago

Technip Energies rakes in over €1 billion for job on $13B US LNG project

French-based engineering player Technip Energies has secured the all-clear to proceed with its assignment on a liquefied natural gas (LNG) export project under development in Louisiana, United States.

2 minutes read
  • LinkedIn
  • X
  • Email
Commonwealth LNG; Source: Technip Energies

Share this article

French-based engineering player Technip Energies has secured the all-clear to proceed with its assignment on a liquefied natural gas (LNG) export project under development in Louisiana, United States.

Technip Energies has received full notice to proceed (FNTP) for an engineering, procurement, and construction (EPC) contract with Commonwealth LNG , a Caturus company. This deal, representing above €1 billion of revenue, is for the 9.5 million tons per annum (mtpa) LNG export facility in Cameron Parish, Louisiana.

This clearance follows the final investment decision (FID) for the $13-billion project, enabling the French player to transition from initial activities to full execution of the project. The scope of the contract includes the delivery of six identical liquefaction trains, utilizing the firm’s SnapLNG by T.ENTM modular and scalable solution.

By employing a single design replicated across all six trains, this solution is perceived to offer accelerated project schedules and optimized costs, alongside improved predictability and certainty at scale.

Arnaud Pieton , CEO of Technip Energies, commented: “The f inal i nvestment d ecision 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.ENTM productized solution, we anticipate delivering a highly efficient facility that will support reliable LNG supply and strengthen global energy security.”

The project lined up long‑term offtake agreements with several players, encapsulating EQT , Glencore , Mercuria , Petronas , and Aramco Trading . Phase 1 development is expected to generate more than $3 billion in annual export revenue when operations start in 2030.

The Commonwealth LNG facility will entail six Baker Hughes mixed-refrigerant compressors powered by LM9000 gas turbines, six Honeywell main cryogenic heat exchangers , and four Titan 350 gas turbine-generators from Solar Turbines.

The project will be capable of loading LNG carriers up to 216,000 cubic meters. Technip Energies highlights that the FNTP milestone reinforces its position as a global leader in LNG, having delivered over 20% of the world’s operating LNG capacity.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceBusiness Developments & Projects

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

10 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

10 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

10 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

10 days ago