McDermott Secures Key Contract Amendment for LNG Project
HOUSTON — McDermott and its joint venture partner Chiyoda International Corporation (CIC) have taken an important step forward by signing a contract amendment with Golden Pass LNG Terminal LLC (GPLNG). This agreement pertains to the completion of Trains 2 and 3 of the Golden Pass LNG Project, a significant energy infrastructure development.
Details of the Contract Amendment
This amendment builds upon the earlier agreement signed in November 2024, which focused on the engineering, procurement, and construction (EPC) of Train 1. In June 2025, the three parties agreed on essential terms for the remainder of the project, confirming McDermott's role as the leading partner responsible for the construction of three LNG trains, each capable of producing around 6.0 million tons per annum (MTPA).
Commitment Towards Efficient Project Delivery
The contract amendment demonstrates McDermott’s and Chiyoda’s steadfast commitment to delivering this project efficiently and safely. Michael McKelvy, President and CEO of McDermott, emphasized the collaborative spirit among the partners, expressing excitement about continuing to leverage their collective expertise and resources for the success of Trains 2 and 3.
Community Impact and Job Creation
As the project progresses, it is expected to provide employment for about 9,000 individuals during peak construction periods. Once operational, over 300 jobs will be generated, significantly contributing to local economic development and job creation in the area.
About McDermott
McDermott is recognized as a premier, fully integrated provider of engineering and construction solutions dedicated to the energy sector. Their innovative, technology-driven approach has earned the trust of clients, aiding in the responsible management of global energy resources. Operating in more than 30 countries, McDermott employs over 30,000 individuals and utilizes a diverse fleet of specialized marine construction vessels and fabrication facilities to facilitate the timely delivery of their projects.
Frequently Asked Questions
What is the significance of the contract amendment between McDermott and Golden Pass LNG?
The amendment secures McDermott's role in completing Trains 2 and 3, ensuring continued collaboration in critical energy infrastructure development.
How many job opportunities will the project create?
The project is expected to create about 9,000 jobs during construction, and over 300 positions once operational.
Who are McDermott's partners in this contract amendment?
McDermott partners with Chiyoda International Corporation to execute the contract amendment with Golden Pass LNG Terminal LLC.
What are the expected outputs of the LNG trains being constructed?
Each of the three LNG trains is expected to produce approximately 6.0 million tons per annum (MTPA) of LNG.
Where does McDermott operate globally?
McDermott operates in over 30 countries, making it a significant player in the global energy sector.
