AmericasContracts and TendersMiddle East

McDermott’s CB&I says Marsa LNG tank gig worth up to $250 million

By LNG Prime Staff
McDermott’s CB&I says Marsa LNG tank gig worth up to $250 million
Image: Technip Energies

McDermott’s unit CB&I will build one liquefied natural gas storage tank for the TotalEnergies-led Marsa LNG bunkering project in Oman for up to $250 million.

According to a statement by Houston-based McDermott, the “significant” contract is valued between $100 million and $250 million.

Under the scope of the project, CB&I will provide turnkey EPC services for a 165,000-cbm full containment concrete LNG storage tank and associated piping to grade.

Project delivery will be executed in Oman.

Also, McDermott said work is expected to start with construction activities in the fourth quarter of 2024.

The project is targeted for completion in 2028.

French energy giant TotalEnergies recently took a final investment decision on the Marsa LNG bunkering project with an LNG production capacity of 1 mtpa.

The firm said that the EPC contract was awarded to Technip Energies, and McDermott’s CB&I won the deal for the 165,000 cbm LNG tank, but it did not provide the pricing details.

However, Technip Energies said in a separate statement the “substantial” contract award represents between 500 million euros and 1 billion euros ($537 million – $1.06 billion) of revenue.

The Marsa LNG project is an integrated complex developed by TotalEnergies with a 80 percent share while Oman’s OQ has 20 percent.

The liquefaction plant will be built in the port of Sohar and LNG production is expected to start by the first quarter in 2028, according to TotalEnergies.

Most Popular

Vessels

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.
LNG Terminals

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.
Contracts and Tenders

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Contracts and Tenders

Golden Pass LNG contractors agree terms for second and third train

Japan's Chiyoda and US-based McDermott have signed a binding term sheet with Golden Pass LNG, a joint venture owned by QatarEnergy and ExxonMobil, to complete the construction of the second and third liquefaction units at the giant LNG export plant in Texas.
Contracts and Tenders

TotalEnergies expands in Malaysia with Petronas deal

French energy giant and LNG player TotalEnergies has entered into a deal with Petronas to buy stakes in multiple blocks offshore Malaysia and one block offshore Indonesia.
LNG Terminals

Canada’s Woodfibre LNG takes delivery of first modules

Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, has taken delivery of the first seven modules from China at the site of its LNG export facility near Squamish, British Columbia.
Contracts and Tenders

TotalEnergies seals Ksi Lisims LNG deal

French energy giant TotalEnergies has signed a 20-year deal with Ksi Lisims LNG to buy LNG from the latter's planned export project in Canada. In addition, TotalEnergies will acquire a 5 percent stake in Houston-based Western LNG, the developer, shareholder, and future operator of the Ksi Lisims LNG project.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA