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Technip Energies awarded major contract for Commonwealth LNG export facility in the United States
Globenewswire· 2025-08-04 16:00
Core Insights - Technip Energies has been awarded a significant Engineering, Procurement, and Construction (EPC) contract by Commonwealth LNG for a 9.5 Mtpa liquefied natural gas (LNG) facility in Cameron Parish, Louisiana, USA [1][4] - The contract involves the delivery of six identical liquefaction trains utilizing Technip Energies' SnapLNG by T.EN modular and scalable solution, which enhances schedule acceleration and cost optimization [2][3] - This project reinforces Technip Energies' position as a global leader in LNG, having contributed to over 20% of the world's operating LNG capacity [3] Company Overview - Technip Energies is recognized as a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [7] - The company generated revenues of €6.9 billion in 2024 and operates with over 17,000 employees across 34 countries [8] Project Details - The awarded contract is classified as a "major" award, representing revenue above €1 billion [5] - The project is pending Final Investment Decision (FID) by Commonwealth LNG, and will not be included in Technip Energies' backlog until FID or full notice to proceed is achieved [4]