CB&I 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 $250 million and $500 million.

About CB&I

CB&I delivers integrated storage and asset‑management solutions that help customers operate safely, reliably, and efficiently across the lifecycle of their facilities. Through our two global business units – Storage Solutions, the world leader in tanks, terminals, and storage systems, and Asset Solutions, a leading provider of operations, management, wells and decommissioning services – we combine technical excellence with execution capability to extend asset life, optimize performance, and maximize value. CB&I is owned by a consortium of financial investors led by Mason Capital Management LLC.

About Technip Energies

Technip Energies designs and delivers some of the energy world's largest and most complex engineering and construction projects. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

Technip Energies generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris.