According to EPCIntel.com’s database of EPC contracts, the LNG sector has entered a new upcycle with more than $90 billion of projects either sanctioned or approaching final investment decisions. Developers across North America, the Middle East and Asia are pressing ahead with large-scale export capacity, while contractors and suppliers are competing for multi-billion-dollar awards. Ruwais LNG, Abadi LNG, LNG Canada, Rio Grande LNG, Ksi Lisims LNG, Coastal Bend LNG, Commonwealth LNG and Amigo LNG are at the forefront of this surge, representing one of the largest waves of LNG development since the pre-pandemic boom.

Abadi LNG

In Indonesia, Inpex and Shell are progressing the long-delayed Abadi LNG development, which involves a 9.5 mtpa onshore LNG plant in the Masela Block. With a projected cost of $20 billion, this is the largest single energy project in Indonesia’s pipeline.

A wide array of FEED packages have already been awarded, covering both onshore and offshore scopes:

• Onshore LNG plant: JGC Corporation and Chiyoda Corporation joint venture
• Alternative onshore and utilities design: JGC and Technip Energies
• FPSO and topsides: Samsung Engineering & Architecture (Samsung E&A), with KBR and PT Adhi Karya providing engineering support
• SURF (subsea umbilicals, risers and flowlines): McDermott, PT Tripatra and Saipem consortium
• Gas export pipeline: Worley
• Additional FEED studies: KBR, PT Adhi Karya and Samsung E&A, providing separate conceptual and integration workstreams

EPC awards are expected in 2026, contingent on final approvals from Jakarta.

LNG Canada

The largest LNG project currently under construction in Canada is LNG Canada in Kitimat, British Columbia. The joint venture led by Shell sanctioned the project in 2018, with JGC and Fluor as the FEED contractor. The two-train, 14 mtpa development is estimated at $17 billion. Construction is more than 70% complete, with first LNG expected in mid-2026. Expansion to four trains remains a live option.

Ruwais LNG

Abu Dhabi’s state-backed Ruwais LNG project has emerged as one of the most significant LNG investments of the decade. ADNOC is developing a 9.6 mtpa greenfield export complex in the Al Ruwais Industrial City, designed to double the UAE’s LNG capacity. The project is valued at $14 billion, with a joint venture of Technip Energies, JGC and National Petroleum Construction Company (NPCC) securing the EPC contract earlier this year. The plant will feature two mega-trains and advanced low-carbon technology, with first production expected before 2030.

Port Arthur LNG

Sempra’s Port Arthur LNG project in Texas is one of the most capital-intensive U.S. LNG schemes. Phase 1, sanctioned in 2023, includes two trains with a combined capacity of 13 mtpa under an EPC contract valued at $13 billion awarded to Bechtel. Construction is well underway, with first production targeted for 2027. Phase 2 is already in development, which could double capacity and add a further $10–12 billion of EPC opportunities.

Rio Grande LNG

NextDecade’s Rio Grande LNG is the largest single LNG project under execution in the United States. Phase 1 covers three trains with a combined 17.6 mtpa capacity, under a $12 billion EPC contract awarded to Bechtel in 2023. Further expansion could lift total capacity above 27 mtpa, creating one of the world’s largest export hubs. Bechtel has mobilized thousands of workers at the Brownsville, Texas site, with commissioning scheduled for late this decade.

Most recently, Bechtel has also secured the EPC contract for Train 5, reinforcing its role as the exclusive EPC provider across the multi-train development and locking in continuity for additional expansion phases.

Ksi Lisims LNG

The Ksi Lisims LNG project in British Columbia is one of the most ambitious First Nations-led developments in North America. Designed as a floating LNG facility producing 12 mtpa, the project is backed by the Nisga’a Nation, Rockies LNG and Western LNG. Estimated cost is in the region of $10 billion. The project recently received its environmental assessment certificate from British Columbia’s government, and the federal government has “green-lit” the Ksi Lisims LNG project under the Impact Assessment Act to move forward to the permitting stage. FEED has been launched, and the developers are positioning the project as one of the lowest-emission LNG plants globally. EPC awards are expected post-2026.

Coastal Bend LNG

Coastal Bend LNG, advanced by Glenfarne Energy Transition, is targeting up to 10 mtpa of capacity at the Port of Brownsville, Texas. Valued at approximately $8 billion, the project has yet to reach FID but has shortlisted contractors for FEED and EPCm. The developer has hinted that an FID could be taken by 2026, with first cargoes late this decade.

ConocoPhillips’ Optimized Cascade Process liquefaction technology has been selected for the project, strengthening its technical foundation. In addition, Glenfarne has initiated a front-end engineering and design (FEED) study with Solvanic for electrochemically mediated amine regeneration (EMAR) carbon capture at the facility, positioning Coastal Bend LNG among the next generation of low-carbon LNG developments.

Commonwealth LNG

Commonwealth LNG reached a final investment decision in May 2024 on its 9.3 mtpa export facility in Cameron Parish, Louisiana. The project, estimated at around $4.8 billion, is being delivered under a lump-sum EPC contract with Technip Energies. Key packages include modularized liquefaction trains, storage tanks and marine works. Construction started this year, with first LNG targeted for 2028.

Amigo LNG

Amigo LNG, proposed for the Texas Gulf Coast, secured regulatory approvals this year and is moving towards FID. The mid-scale project, planned at around 3.6 mtpa, carries an estimated price tag of $2 billion. AMIGO LNG SA de CV, a joint venture of Epcilon LNG and LNG Alliance, has awarded Drydocks World the EPC contract for its planned floating LNG and storage units, marking a key step in project execution. FID could arrive in 2026.

EPC opportunities

Together, these eight projects represent a combined capital value exceeding $90 billion. Roughly half is already under contract through the awards to Bechtel (Rio Grande), Technip Energies (Commonwealth and Ruwais) and JGC-Fluor (LNG Canada). The rest remains up for grabs, particularly Abadi LNG and Coastal Bend LNG, where EPC mega-contracts in the range of $8–20 billion are expected. Suppliers of cryogenic equipment, turbines, modules and marine infrastructure will also see billions in subcontracting opportunities over the coming years.

The LNG construction cycle is heating up again. Contractors who were scrambling for work only three years ago now face a packed tender book, with bidding wars underway for some of the most valuable EPC packages of the decade.

More details on these contracts can be found in the EPCIntel.com energy EPC contract database.