CB&I Awarded Contract For Five LNG Storage Tanks At Caturus' Commonwealth LNG Facility

CB&I today announced it has received a significant^* lump sum contract award and full notice to proceed from Technip Energies on behalf of Caturus for the engineering, procurement, fabrication, construction, and pre-commissioning of five (5) 50,000 cubic meter full containment concrete LNG storage tanks for the Commonwealth LNG project. The project is a planned 9.5 million tonnes per annum (Mtpa) LNG export terminal being built in Cameron, Louisiana.

“CB&I is honored to support Caturus’ Commonwealth LNG project with this award of five LNG storage tanks,” said Mark Butts, CB&I President and Chief Executive Officer. “With more than 250 LNG tanks designed and built worldwide throughout our history, our team brings unmatched experience, deep technical expertise, and a proven ability to safely deliver complex storage solutions at scale. We appreciate the trust placed in us by Technip Energies and Caturus and are proud to contribute to a project that strengthens U.S. energy leadership and advances global energy security and resilience through reliable, responsibly sourced natural gas.”

The award includes foundation design and construction, piping to grade, and LNG tank top platforms. CB&I’s scope of work will be executed from its Houston-area and Plainfield, Illinois offices, with construction expected to begin in the third quarter of 2026 and mechanical completion targeted for 2029.

^*CB&I defines a significant contract as between USD $250M and $500M.