HOUSTON, Sept. 8, 2025 /PRNewswire/ -- Monkey Island LNG has awarded McDermott a Master Services Agreement (MSA) to provide front-end engineering and planning services for its planned world-scale natural gas liquefaction facility in Cameron Parish, Louisiana.
Phase 1 of the Monkey Island LNG facility includes three LNG trains with a capacity of 5.2 million metric tons per annum (MTPA) each and a combined production of 15.6 MTPA. Expansion plans include two additional LNG trains, projected to bring total capacity to 26 MTPA.
This announcement builds on Monkey Island LNG's selection of the ConocoPhillips Optimized Cascade® Process. McDermott's compact, modular LNG train design contributes to delivery of up to 60% more LNG per acre than comparable projects.
"By leveraging LNG mega-modules, we dramatically reduce the site footprint required for world-scale LNG production, which drives down project costs and risks," said Greg Michaels, Founder and Chief Executive Officer of Monkey Island LNG. "The project represents a $25 billion investment across two phases, positioning it among the largest private energy infrastructure developments in North America and designed to maximize LNG production with fewer acres."
Under the MSA, McDermott will provide engineering, execution planning, and pricing for the facility's engineering, procurement, and construction (EPC) phase. The agreement is expected to transition into a final EPC contract aligned with the timing of Monkey Island LNG's financing activities.
"This award underscores the depth of expertise of McDermott in LNG and modular design," said Rob Shaul, Senior Vice President of Low Carbon Solutions at McDermott. "Our integrated delivery model—including self-perform construction and a global network of McDermott-owned fabrication yards—positions us to deliver a solution that maximizes value while minimizing risk."
Engineering and permitting are expected to begin in 2026, with first LNG production targeted for the early 2030s. The project will be led by McDermott's Houston team, supported by its engineering group in Gurugram, India.
About Monkey Island LNG
Monkey Island LNG ("MILNG") is a private company addressing the global energy crisis and growing demand for LNG through the development of critically needed U.S. natural gas infrastructure. Its flagship project, located on Monkey Island in Cameron Parish, Louisiana, sits just 2 miles inland from the Gulf of Mexico near abundant gas supply and features a proven and stable liquefaction technology of COP, an innovative commercial structure, and a low-cost construction plan leveraging an industry-proven EPC contractor. For more information, go to www.monkeyislandlng.com.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 30 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the MSA for the project discussed in this press release and expected transition into a final EPC contract and associated timing. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
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SOURCE McDermott International, Ltd
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