Core Insights - Technip Energies has received a significant authorization from Commonwealth LNG for key equipment orders related to a 9.5 Mtpa LNG facility in Louisiana, USA [1][2] - This authorization is part of an EPC contract and is a crucial step towards the final investment decision (FID) expected in Q1 2026 [2] Equipment Orders - The purchase orders include long lead time equipment essential for the accelerated construction of the modular LNG facility [3] - Key orders include six mixed-refrigerant compressors from Baker Hughes, six main cryogenic heat exchangers from Honeywell, and four Titan 350 gas turbine-generators from Solar Turbines [3] Company Statements - Arnaud Pieton, CEO of Technip Energies, emphasized the importance of this award in advancing the Commonwealth LNG project and highlighted the collaboration between the two companies [4] - David Lawler, CEO of Caturus, noted that this capital investment is a key milestone in developing the Commonwealth LNG project, which is integral to Caturus' strategy [4] Project Details - The Commonwealth LNG project will utilize a modular construction approach with six identical liquefaction trains based on Technip Energies' SnapLNG by T.EN solution [4] - This design allows for schedule acceleration and cost optimization, providing predictability and scalability [4] Financial Impact - A "large" award for Technip Energies is defined as representing between €250 million and €500 million in revenue, which will be recorded in the Project Delivery segment's backlog in Q4 2025 [5]

Core Insights - Baker Hughes has received a Full Notice To Proceed from Technip Energies for supplying liquefaction equipment for Commonwealth LNG's export facility in Louisiana, which has a capacity of 9.5 million tonnes per annum (MTPA) [1][2] Group 1: Project Details - The award includes six refrigerant turbo compressors that utilize LM9000 aeroderivative gas turbines paired with centrifugal compressors, showcasing Baker Hughes' advanced LNG technologies [2] - The Commonwealth LNG project is part of Caturus' strategy to develop a leading independent integrated natural gas company, emphasizing its significance in the global LNG market [3] Group 2: Technology and Efficiency - The LM9000 gas turbine is noted for its high efficiency, exceeding 44% under ISO conditions, and is recognized as the most efficient in its power class (70+ MW range) [3] - The project scope includes commissioning services, capital spares, extended warranty, and a full string test, which will enhance maintenance and service intervals [3] Group 3: Strategic Collaboration - The collaboration between Baker Hughes, Technip Energies, and Commonwealth LNG is highlighted as a key factor in advancing the project towards its final investment decision [3] - Baker Hughes' commitment to sustainable energy development is reinforced through this award, which aims to meet the growing global demand for reliable and lower-carbon LNG [3]