McDermott was awarded a Master Services Agreement by Monkey Island LNG to increase LNG output by up to 60% per acre.
- McDermott to provide front-end engineering and planning services for Monkey’s natural gas liquefaction facility in Cameron Parish, Louisiana
- Expansion plans include two additional LNG trains, projected to bring total capacity to 26 MTPA
- Engineering and permitting are expected to begin in 2026
- First LNG production targeted for the early 2030s
- “Project represents a $25 billion investment across two phases,” Monkey Island CEO said in statement.
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