Workflow
main cryogenic heat exchangers
icon
Search documents
Technip Energies awarded a large authorization by Commonwealth LNG for key equipment purchase orders
Globenewswire· 2025-12-22 17:00
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]