Technip Energies Initiates Equipment Purchasing for Commonwealth LNG Project
Engineering group Technip Energies has announced receiving a significant order from Commonwealth LNG for the procurement of key equipment necessary for its 9.5 million tons per year natural gas liquefaction plant located in Louisiana.
Contract Details and Project Scope
According to the announcement, this order is part of the previously concluded engineering, procurement, and construction contract with Commonwealth LNG. It covers long lead-time equipment and represents a significant order size for the group, amounting to between 250 and 500 million euros in revenue. This transaction will be recorded in the project delivery segment's order book for the fourth quarter of 2025. The project, located in Cameron Parish, Louisiana, aims to develop a production capacity of 9.5 million tons per year of liquefied natural gas. The company notes that this step is a move towards the final investment decision, expected in the first quarter of 2026.
Key Equipment and Suppliers
According to the group, the acquisitions notably include six mixed-refrigerant compressors driven by LM9000 gas turbines, supplied by Baker Hughes. Honeywell will deliver six main cryogenic heat exchangers, while Solar Turbines will provide four Titan 350 gas turbines. All these pieces of equipment are intended to enable accelerated and modular construction of the project. Technip Energies indicates that the Commonwealth LNG project will consist of six identical liquefaction trains, utilizing its standardized and modular SnapLNG by T.EN solution. This approach, based on a unique design replicated across all trains, aims to expedite the execution schedule and optimize costs.
Company Profiles and Financial Outlook
Technip Energies, listed on Euronext Paris and with American Depositary Receipts traded over-the-counter, employs over 17,000 staff across 34 countries. The group generated revenues of 6.9 billion euros in 2024. Commonwealth LNG, on the other hand, is developing this liquefied natural gas export terminal as part of what its shareholder Caturus describes as an integrated strategy from wellhead to water. The final investment decision for the project remains contingent upon the completion of the financing process, which Commonwealth LNG describes as well advanced.
