en.Wedoany.com Reported - French engineering company Technip Energies has received the Full Notice to Proceed (FNTP) for the Commonwealth LNG project, taking on the engineering, procurement, and construction (EPC) contract for the project in Cameron Parish, Louisiana, USA. The contract is valued at over €1 billion and involves the construction of an LNG export facility with an annual capacity of 9.5 million tonnes.

This project release follows the final investment decision (FID) for the $13 billion project, transitioning Technip Energies from initial activities to full-scale execution. The contract scope includes the delivery of six identical liquefaction trains, utilizing the company's SnapLNG by T.EN modular and scalable solution. By replicating a single design across all six trains, this approach is considered to accelerate project schedules and optimize costs, while enhancing predictability and certainty at scale.

Technip Energies CEO Arnaud Pieton stated that the Commonwealth LNG final investment decision is a key milestone for this strategic project, and the company is pleased to advance into the execution phase, bringing its expertise in modular LNG solutions to the project. By leveraging the SnapLNG by T.EN productized solution, it expects to deliver an efficient facility that supports reliable LNG supply and strengthens global energy security.

The project has secured long-term offtake agreements with multiple companies, including EQT, Glencore, Mercuria, Petronas, and Aramco Trading. The first phase of development is expected to generate over $3 billion in annual export revenue upon commissioning in 2030. The Commonwealth LNG facility will be equipped with six Baker Hughes mixed refrigerant compressors, driven 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 emphasized that the FNTP milestone reinforces its position as a global LNG leader, having delivered over 20% of the world's operating LNG capacity.

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