← Radar Projects to watch · worldwide

Ten projects to watch.

Large projects being built in 2026–2029, with real demand for technical professionals, spread across regions and kinds. A selection — not a ranking. Follow any of them in your Radar.

Piping & mechanical

Showing 10 of 29 · Piping & mechanical, worldwide. Show all

How we check

Every project is checked by hand against at least two public sources — company newsrooms, regulators, trade press. No commercial databases.

Each card shows its sources and the date we checked them (every project in this set: on or after 2026-10-08). We re-check every month; a project that finishes or is cancelled leaves the tour.

Companies appear as sourced project facts only. Reported risks are shown as reported. The discipline lists are our own inference and say so. The small dots are other projects from public datasets — context, not checked by us.

  1. 01 / 10LNG

    Rio Grande LNG — Trains 4 and 5

    USA

    One of several US Gulf Coast LNG trains now moving from paper to steel at once.

    SizeTrain 4 and Train 5 add LNG production capacity; combined EPC contract value ~$9.1bn ($4.77bn Train 4 + $4.32bn Train 5)

    1. FID
    2. Engineering (named in the reported phase)
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: engineering / early construction …

    Who builds it

    • NextDecade Corporation operator
    • Bechtel

    4 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    One of several US Gulf Coast LNG trains now moving from paper to steel at once — Bechtel's fully-wrapped EPC model concentrates years of engineering, procurement and construction-supervision demand into a single contractor's backlog.

    Phase in full, as reported

    engineering / early construction (as of 30 June 2026: Train 4 15.5% complete overall — 69.4% engineering, 25.4% procurement, 1.4% construction; Train 5 9.4% overall — 26.8% engineering, 19.3% procurement; Train 4 soil stabilisation done and foundation pours started for the main cryogenic rack, Train 5 soil stabilisation started early July 2026)

    Who builds it as stated by the sources

    Operator / developerNextDecade Corporation

    • NextDecadedeveloper/owner
    • BechtelEPC contractor under fully-wrapped, lump-sum turnkey contracts for Trains 4 and 5 (and the original Phase 1)

    Key dates as stated by the sources

    Train4 NTP
    9 September 2025
    Train5 NTP
    16 October 2025
    First LNG target
    First gas into the facility expected H2 2026; first LNG from Train 1 H1 2027 (Trains 1-3 already under construction; Trains 4-5 follow)

    Disciplines likely needed our inference

    • process/piping engineering
    • procurement/estimating
    • construction supervision
    • QA/QC
    • planning/project controls

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. NextDecade Executes EPC Contract with Bechtel for Train 4 at the Rio Grande LNG FacilityBechtel (company press release) · 2024-08-05
    2. NextDecade Corp - Form 10-Q - FY2026 (Q1)U.S. Securities and Exchange Commission (SEC filing) · 2026-Q1
    3. NextDecade Finalizes EPC Contract Refresh for Train 4 and Executes EPC Contract for Train 5 at the Rio Grande LNG FacilityNextDecade Corporation (investor newsroom) · 2025-10
    4. NextDecade Corp - Form 10-Q for the quarter ended 30 June 2026U.S. Securities and Exchange Commission (SEC filing) · 2026-07-30

    Position on the globe: 25.97°N 97.26°W. Location approximate: Port of Brownsville, Texas.

    This project on its own page - facts, sources and a summary to share.

  2. 02 / 10Deepwater FPSO

    FPSO Jaguar — Whiptail development, Stabroek Block

    Guyana

    A brand-new deepwater FPSO hull and topsides being built and commissioned from scratch.

    Size250,000 bopd oil, 540 MMcfd associated gas treatment, 300,000 bpd water injection; ~2 MMbbl storage

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: integration / installation …

    Who builds it

    • ExxonMobil operator
    • SBM Offshore

    6 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A brand-new deepwater FPSO hull and topsides being built and commissioned from scratch, on the standardised Fast4Ward programme SBM now repeats project after project — steady multi-year demand for FPSO engineering, hook-up/commissioning and offshore installation crews.

    Phase in full, as reported

    integration / installation (FPSO: topsides fabrication nearing completion, all process modules lifted onboard, integration and commissioning progressing — SBM reports >50%-<75% complete at H1 2026; subsea SURF installation underway since July 2026, scheduled through end-2026)

    Who builds it as stated by the sources

    Operator / developerExxonMobil (Esso Exploration and Production Guyana Ltd.), operator of Stabroek Block on behalf of the Guyana/ExxonMobil/Hess/CNOOC co-venture

    • ExxonMobiloperator / field developer
    • SBM OffshoreFPSO design, construction and (lease/operate) contractor for Jaguar, under its Fast4Ward standardised-hull programme

    Key dates as stated by the sources

    FID or award
    Contract awarded/firmed up 2024 (ExxonMobil FID on Whiptail, SBM contract)
    Startup target
    First production targeted end of 2027 (per Offshore/World Oil reporting, 2026)

    Disciplines likely needed our inference

    • topsides/piping engineering
    • E&I supervision
    • hook-up & commissioning
    • marine/offshore installation
    • HSE
    • project controls/planning

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. SBM Offshore Awarded Contracts for ExxonMobil Guyana's FPSO JaguarSBM Offshore (company newsroom) · 2024
    2. SBM Offshore to build FPSO Jaguar for ExxonMobil's Whiptail oil and gas project offshore GuyanaWorld Oil · 2024-04-18
    3. Offshore installation begins for Whiptail project's subsea systemBrazil Energy Insight (trade press) · 2026-07-29
    4. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · 2026-08-06
    5. Seatrium 1H2026 Results presentation (order book project table)Seatrium Limited (SGX filing) · 2026-07-31
    6. ExxonMobil lets SIMOPS management platform for WhiptailOil & Gas Journal · 2026-08-04

    Position on the globe: 9.50°N 57.00°W. Location approximate: Whiptail is the 6th Stabroek Block development, ~200 km offshore Guyana; exact FPSO mooring point not published in sources checked — coordinate is a Stabroek Block-area estimate.

    This project on its own page - facts, sources and a summary to share.

  3. 03 / 10Nuclear

    Hinkley Point C nuclear power station

    United Kingdom

    The UK's first new nuclear build in a generation.

    Size2 x EPR reactors, ~3.2 GW total

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • EDF operator
    • China General Nuclear

    Reported risk Delayed a year to 2030…

    5 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    The UK's first new nuclear build in a generation — years more of heavy electromechanical, instrumentation and commissioning work ahead, and a well-documented case study in how schedule risk and productivity shortfalls play out on a first-of-a-kind reactor build.

    Phase in full, as reported

    construction (electromechanical installation phase, per EDF's 2026 schedule update)

    Reported risk in full, as reported

    Delayed a year to 2030; total project cost risen to about £35bn (nearly double the original 2016 estimate, ~£48.7bn in today's terms), with EDF citing lower-than-expected productivity in its electromechanical installation programme; a further delay to 2031 could add ~£1bn more.

    Who builds it as stated by the sources

    Operator / developerEDF (with China General Nuclear as minority partner)

    • EDFdeveloper, majority owner, main contractor
    • China General Nuclear (CGN)minority investment partner

    Key dates as stated by the sources

    Unit1 target
    2030 (revised, one year later than previous target)

    Disciplines likely needed our inference

    • E&I supervision
    • mechanical/piping construction
    • QA/QC
    • construction management
    • commissioning (later phase)

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. EDF announces Hinkley Point C delay and rise in project costWorld Nuclear News · 2026
    2. Hinkley Point C's cost climbs to £35bn with confirmation Unit 1 will power up in 2030New Civil Engineer · 2026-02-20
    3. EDF highlights Hinkley Point C's positive impactsWorld Nuclear News · 2026-05-28
    4. EDF: 2026 half-year resultsEDF (via GlobeNewswire) · 2026-07-31
    5. Hinkley Point C (project page, news items incl. 1 Oct 2026 fish-return tunnel)EDF Energy · 2026-10-01

    Position on the globe: 51.20°N 3.13°W. Location approximate: Somerset, England.

    This project on its own page - facts, sources and a summary to share.

  4. 04 / 10Refinery & fuels

    SkyNRG DSL-01 sustainable aviation fuel plant, Delfzijl

    Netherlands

    Europe's first standalone greenfield SAF plant, built under a Technip Energies EPCC contract in the EUR 500 million to 1 billion class.

    Size100,000 tonnes of SAF per year plus 35,000 tonnes of sustainable by-products; on-site hydrogen plant (SMR)

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • SkyNRG operator
    • Technip Energies
    • Topsoe
    • KLM Royal Dutch Airlines

    3 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    Europe's first standalone greenfield SAF plant, built under a Technip Energies EPCC contract in the EUR 500 million to 1 billion class — two years of process, piping, E&I and commissioning work on one Dutch site.

    Phase in full, as reported

    construction (financial close and start of construction announced 2026-02-13)

    Who builds it as stated by the sources

    Operator / developerSkyNRG

    • Technip EnergiesEPCC contractor (engineering, procurement, construction and commissioning) after completing the FEED; contract classed by Technip Energies as 'substantial' (EUR 500 million to 1 billion)
    • TopsoeHydroFlex hydroprocessing technology licensor (HEFA pathway), as reported
    • KLM Royal Dutch Airlinesprimary off-taker and equity shareholder, as reported

    Key dates as stated by the sources

    Contract award
    2026-02-12 (Technip Energies EPCC)
    Financial close construction start
    2026-02-13
    Startup target
    mid-2028, as reported by trade press

    Disciplines likely needed our inference

    • process engineering
    • piping engineering
    • E&I
    • construction supervision
    • commissioning

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Technip Energies awarded a substantial contract for SkyNRG's Sustainable Aviation Fuel project in the NetherlandsTechnip Energies (company newsroom) · 2026-02-12
    2. SkyNRG starts construction on its first SAF plant in Delfzijl, the NetherlandsHydrocarbon Processing · 2026-02-13
    3. SkyNRG announces Financial Close and starts construction on its first Sustainable Aviation Fuel plant DSL-01 in DelfzijlGroningen Seaports (port authority newsroom) · 2026-02

    Position on the globe: 53.31°N 6.95°E. Location approximate: Chemical park at Delfzijl, Groningen province; coordinate is the park, not the plot.

    This project on its own page - facts, sources and a summary to share.

  5. 05 / 10LNG

    North Field East and North Field South LNG expansion

    Qatar

    The single largest LNG capacity build-out under way anywhere.

    SizeNorth Field East + South together raise Qatar's LNG capacity from 77 to 126 MTPA by ~2027-2028

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation (named in the reported phase)
    6. Commissioning (named in the reported phase)

    Phase, as reported: construction / commissioning …

    Who builds it

    • QatarEnergy operator
    • Technip Energies
    • Chiyoda Corporation
    • CCC

    Reported risk War-related work stop in early 2026…

    6 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    The single largest LNG capacity build-out under way anywhere, with Technip Energies — a company legally headquartered in the Netherlands — as lead EPC contractor on both expansion phases; years of engineering, commissioning and construction-supervision demand still ahead as later trains follow NFE Train 1.

    Phase in full, as reported

    construction / commissioning (first NFE train ready to start operation in November 2026; remaining NFE trains and NFS under construction after a war-related work suspension in early 2026)

    Reported risk in full, as reported

    War-related work stop in early 2026. Iranian strikes on Ras Laffan and Mesaieed halted NFE/NFS work and damaged two existing LNG trains (about 17% of Qatar's capacity, repairs up to three years); disrupted shipping through the Strait of Hormuz makes the timing of later NFE trains uncertain.

    Who builds it as stated by the sources

    Operator / developerQatarEnergy

    • QatarEnergyoperator/developer
    • Technip EnergiesEPCC contractor (with Chiyoda) for North Field East onshore facilities — 4 mega-trains of 8 MTPA each; also working NFS with CCC
    • Chiyoda CorporationEPCC joint-venture partner with Technip Energies on North Field East
    • CCC (Consolidated Contractors Company)partner with Technip on North Field South

    Key dates as stated by the sources

    NFE full startup
    Uncertain — timing of later NFE trains depends on shipping through the Strait of Hormuz
    NFS startup target
    H2 2028
    NFE startup
    First NFE train ready to start operation November 2026; first LNG expected Q1 2027 (QatarEnergy CEO: first half of 2027)

    Disciplines likely needed our inference

    • piping/mechanical engineering
    • construction supervision
    • commissioning
    • planning/project controls
    • QA/QC

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Technip Energies and Chiyoda Awarded a Major LNG Contract for the North Field East Project in QatarTechnipFMC / Technip Energies (company press release) · 2020s (original award)
    2. QatarEnergy North Field East (NFE)Technip Energies (company case study) · 2026
    3. QatarEnergy's North Field West LNG Project Startup Slips to 2031Natural Gas Intelligence · 2026
    4. QatarEnergy's LNG expansion project poised to start operations in November, sources say (Reuters)BOE Report · 2026-10-07
    5. QatarEnergy suspends work on North field expansion due to US-Iran conflictOffshore Magazine · 2026-03-02
    6. QatarEnergy Warns Shipping Snags Threaten LNG RoadmapTradingpedia · 2026-09-21

    Position on the globe: 25.90°N 51.55°E. Location approximate: Ras Laffan Industrial City, Qatar.

    This project on its own page - facts, sources and a summary to share.

  6. 06 / 10LNG

    Ruwais LNG — two-train all-electric export plant

    United Arab Emirates

    A greenfield 9.6 mtpa LNG plant in full construction under a Technip Energies-led EPC JV.

    Size9.6 mtpa, two trains, all-electric; US$5.5 bn EPC; COD H2 2028

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • ADNOC operator
    • Technip Energies
    • JGC Corporation
    • NMDC Energy

    6 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A greenfield 9.6 mtpa LNG plant in full construction under a Technip Energies-led EPC JV, with electric-drive liquefaction new to the region; peak construction and commissioning run to 2028.

    Phase in full, as reported

    construction (ADNOC Gas reported in January 2026 that construction works are progressing ahead of approved schedules)

    Who builds it as stated by the sources

    Operator / developerADNOC (ADNOC Gas to acquire a 60% stake at completion)

    • Technip EnergiesLeader of the TJN RUWAIS joint venture holding the US$5.5 billion EPC contract for the two liquefaction trains
    • JGC CorporationEPC joint-venture partner
    • NMDC Energy (formerly NPCC)EPC joint-venture partner (construction)

    Key dates as stated by the sources

    FID or award
    FID and US$5.5 billion EPC award to Technip Energies/JGC/NMDC Energy JV announced 13 June 2024 (early EPC/limited notice to proceed from March 2024)
    Startup target
    Commercial operations planned for the second half of 2028; ADNOC Gas sees potential to bring this forward

    Disciplines likely needed our inference

    • LNG process/commissioning engineering
    • electrical (HV drives, substations)
    • piping and mechanical construction supervision
    • instrumentation and control systems
    • QA/QC
    • project controls/planning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Technip Energies, JGC and NMDC Energy awarded a major contract for ADNOC's Ruwais LNG project in the UAETechnip Energies (company newsroom) · 2024-06-13
    2. NMDC Energy (formerly NPCC), Technip Energies, and JGC awarded a major contract worth US$5.5 billion for ADNOC's Ruwais LNG project in the UAENMDC Group (company newsroom) · 2024-06-13
    3. ADNOC advances Ruwais LNG project with early EPC activitiesOil & Gas Journal · 2024-03-13
    4. ADNOC Gas sees potential to advance Ruwais LNG commercial startReuters via Zawya · 2026-01-26
    5. ADNOC Gas Delivers Resilient Q2 Net Income, Takes FID on Major Growth ProjectsADNOC Gas (company newsroom) · 2026-08-10
    6. Strategy and Outlook 2026 presentation (slides: upstream and integrated LNG project tables)TotalEnergies (investor presentation) · 2026-09-28

    Position on the globe: 24.12°N 52.73°E. Location approximate: Al Ruwais Industrial City, Al Dhafrah region, Abu Dhabi.

    This project on its own page - facts, sources and a summary to share.

  7. 07 / 10LNG

    Mozambique LNG (Golfinho/Atum, Area 1)

    Mozambique

    A $20bn+ LNG project restarting at scale after a five-year security-driven suspension.

    Size13 million tonnes/year (design)

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • TotalEnergies operator
    • McDermott / Saipem / Chiyoda

    Reported risk Construction is operating in "containment mode" due to ongoing insurgency-related security concerns in Cabo Delgado…

    7 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A $20bn+ LNG project restarting at scale after a five-year security-driven suspension — a live test of how fast a paused megaproject can remobilise thousands of workers, and a rare African entry among 2026-2029 LNG builds. TotalEnergies said in September 2026 it could speed up a Phase 2 by keeping construction teams at Afungi.

    Phase in full, as reported

    construction (almost 45% complete as of July 2026; about 10,000 people on site by late September 2026)

    Reported risk in full, as reported

    Construction is operating in "containment mode" due to ongoing insurgency-related security concerns in Cabo Delgado; incremental costs from the suspension are reported at roughly $4.5 billion, pushing total investment above the original $20 billion. Equipment built in Middle East yards was held up by the 2026 regional conflict; TotalEnergies said in July 2026 that this had been resolved.

    Who builds it as stated by the sources

    Operator / developerTotalEnergies (operator of the Mozambique LNG consortium)

    • TotalEnergiesoperator, restarted project January 2026
    • McDermott / Saipem / Chiyoda (EPC JV)onshore LNG plant EPC consortium (contract predates the 2021 force-majeure suspension; consortium composition per trade press, not re-confirmed by a primary 2026 source in this check)

    Key dates as stated by the sources

    Force majeure lifted
    7 November 2025
    Full restart announced
    29 January 2026
    First LNG target
    2029

    Disciplines likely needed our inference

    • construction management
    • piping/mechanical
    • HSE (security-sensitive site)
    • planning/project controls
    • commissioning (later phase)

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Mozambique LNG announces the full restart of all its activities onshore and offshore in MozambiqueTotalEnergies (company press release) · 2026-01-29
    2. TotalEnergies reboots $20 billion LNG project after years-long hiatusOffshore Energy · 2026-01
    3. TotalEnergies restarts $20bn LNG project in Mozambique after 5-year freezeAl Jazeera · 2026-01-29
    4. TotalEnergies 2Q2026 Earnings Call transcriptTotalEnergies (investor relations) · 2026-07-23
    5. Strategy and Outlook 2026 presentation (slides: upstream and integrated LNG project tables)TotalEnergies (investor presentation) · 2026-09-28
    6. TotalEnergies says Mozambique LNG Phase 2 could be acceleratedClub of Mozambique · 2026-09-30
    7. Mozambique LNG project 45% complete, first train on track for 2029, says TotalEnergiesClub of Mozambique · 2026-08-03

    Position on the globe: 10.90°S 40.50°E. Location approximate: Afungi Peninsula, Cabo Delgado province.

    This project on its own page - facts, sources and a summary to share.

  8. 08 / 10Refinery & petrochemicals

    BPCL Bina refinery and petrochemicals expansion (BPREP)

    India

    A US$5+ bn refinery-plus-cracker complex in mid-construction.

    Size550 KTPA polypropylene + 50 KTPA Butene-1 (Technip Energies scope) within an 11 MMTPA refinery and 1.2 MMTPA cracker programme

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • Bharat Petroleum Corporation Limited operator
    • Technip Energies

    Reported risk Technip Energies holds one package within the wider BPREP programme…

    5 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A US$5+ bn refinery-plus-cracker complex in mid-construction, with Technip Energies executing the polypropylene and Butene-1 units on an EPCC basis for a 2028 finish.

    Phase in full, as reported

    construction (about 31% of physical construction complete in the April–June 2026 quarter, with a quarter of project cost awarded for execution, per BPCL officials; downstream unit EPCC awards placed late 2025)

    Reported risk in full, as reported

    Technip Energies holds one package within the wider BPREP programme; Larsen & Toubro holds the EPCC for the LLDPE/HDPE swing unit (two 575 KTPA trains, December 2025). BPCL names the Middle East conflict as a challenge but says the project remains on schedule.

    Who builds it as stated by the sources

    Operator / developerBharat Petroleum Corporation Limited (BPCL)

    • Technip EnergiesEPCC contractor for the new 550 KTPA polypropylene and 50 KTPA Butene-1 units at Bina (awarded Q4 2025, announced 7 January 2026; together with a Mumbai PRFCC EPsCm contract classed as a 'large' award, EUR 250–500 million)

    Key dates as stated by the sources

    FID or award
    Technip Energies EPCC award recorded Q4 2025, announced 7 January 2026
    Startup target
    BPREP completion targeted May 2028, reaffirmed by BPCL in August/September 2026 despite the Middle East conflict

    Disciplines likely needed our inference

    • process and polymer-unit engineering
    • piping/mechanical construction supervision
    • E&I and control systems
    • commissioning and start-up
    • QA/QC and inspection
    • project controls/planning

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Technip Energies awarded two large contracts by BPCL for new units at Bina and Mumbai refineries in IndiaTechnip Energies (company newsroom) · 2026-01-07
    2. Technip Energies awarded two large contracts by BPCLHydrocarbon Engineering · 2026-01-07
    3. BPCL lets contracts for expansions at Bina, Mumbai refineriesOil & Gas Journal · 2026-01-08
    4. New construction: BPCL on track to complete Bina expansion by 2028Chemical Week (ChemWeek digital edition, Aug 31/Sep 7 2026) · 2026-09-04
    5. Bharat Petroleum awards contract for Bina refinery expansionOil & Gas Journal · 2026-06-30

    Position on the globe: 24.20°N 78.20°E. Location approximate: Bina refinery, Madhya Pradesh, central India.

    This project on its own page - facts, sources and a summary to share.

  9. 09 / 10Floating LNG

    ZLNG nearshore FLNG (PETRONAS FLNG 3), Sipitang, Sabah

    Malaysia

    A complete floating LNG plant.

    SizeMinimum 2 mtpa nearshore FLNG (reported ~2.1 mtpa)

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication …

    Who builds it

    • PETRONAS operator
    • JGC Corporation
    • Samsung Heavy Industries

    5 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A complete floating LNG plant — hull, ~40,000 t of topsides and onshore receiving works — being integrated in Korea for delivery and commissioning in Sabah in 2027.

    Phase in full, as reported

    fabrication (hull launched Feb 2025; topsides module integration at Samsung Heavy's Geoje yard ongoing)

    Who builds it as stated by the sources

    Operator / developerPETRONAS

    • JGC CorporationLead consortium partner on the EPCC contract: engineering, procurement and commissioning of the FLNG topsides and associated onshore facilities, plus overall project management
    • Samsung Heavy IndustriesConsortium partner: EPC of the FLNG hull and modular fabrication of the topsides at Geoje (steel cut April 2024, hull launched February 2025)

    Key dates as stated by the sources

    FID or award
    EPCC contract awarded to JGC–Samsung Heavy, announced 6 January 2023
    Milestone
    Steel-cutting/construction start at Geoje, April 2024; hull launch reported 26 February 2025
    Startup target
    Completion scheduled 2027 (JGC); start-up targeted second half of 2027 per trade press

    Disciplines likely needed our inference

    • LNG process and commissioning engineering
    • module integration / mechanical completion
    • E&I and instrumentation
    • marine/mooring engineering
    • QA/QC and inspection
    • project controls

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. JGC Awarded Contract for First Nearshore Floating LNG Plant in MalaysiaJGC Holdings (company newsroom) · 2023-01-06
    2. Petronas awards JGC-Samsung contract for third Malaysian FLNGOil & Gas Journal · 2023-01-09
    3. Petronas Starts Construction of Third Floating LNG FacilityWorld-Energy (trade press) · 2024-04-02
    4. Samsung Heavy launches Petronas' third FLNGLNG Prime (trade press, paywalled) · 2025-02-26
    5. Samsung Heavy launches 'Cedar FLNG'; world-first simultaneous construction of three FLNGs (Korean)Seoul Shinmun · 2026-06-05

    Position on the globe: 5.08°N 115.55°E. Location approximate: To be moored nearshore at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, East Malaysia; hull and topsides under construction at Samsung Heavy Industries' Geoje yard, South Korea.

    This project on its own page - facts, sources and a summary to share.

  10. 10 / 10Offshore gas platforms

    Block B & 48/95, 52/97 gas development (Block B – O Mon gas-to-power)

    Vietnam

    A new offshore gas hub.

    SizeGas for ~3,800 MW of power at O Mon; EPCI#1 >US$1 bn

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication / construction …

    Who builds it

    • Phu Quoc Petroleum Operating Company operator
    • McDermott
    • PTSC
    • Vietsovpetro

    Reported risk First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module…

    7 sources checked on 2026-10-08

    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A new offshore gas hub — central production platform, living-quarters platform, flare and bridges — fabricated in Vietnam under a McDermott-led EPCI contract, then installed and hooked up offshore.

    Phase in full, as reported

    fabrication / construction (EPCI#1 at ~29% overall progress with detailed engineering >71% as of August 2025; LQ fabrication underway)

    Reported risk in full, as reported

    First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module. Downstream power plants lag: until end-2028 mainly O Mon I will be able to take Block B gas.

    Who builds it as stated by the sources

    Operator / developerPhu Quoc Petroleum Operating Company (PQPOC) for Petrovietnam (PVN), with MOECO, PVEP, PV Gas and PTTEP as partners

    • McDermottConsortium leader with PTSC for EPCI package #1: EPCI and hook-up/commissioning of the central production platform, living-quarters platform, flare tower and bridges (limited letter of award Oct 2023; full contract value >US$1 billion)
    • PTSC (Petrovietnam Technical Services Corporation)Consortium partner on EPCI#1; PTSC M&C fabricating the living-quarter module (LQM, ~2,643 t) and living-quarter utility deck (LQU, ~3,236 t) — first cut August 2025, LQM load-out scheduled 24 February 2027
    • VietsovpetroFabrication yard (VSP yard) named by PTSC for the living-quarter units

    Key dates as stated by the sources

    FID or award
    EPCI#1 limited letter of award to McDermott–PTSC on 31 October 2023; consortium leading the package since October 2023
    Milestone
    LQM fabrication commenced 1 August 2025; LQM load-out scheduled 24 February 2027
    Startup target
    First gas from Block B no later than Q3 2027 (Government Office Notification 487/TB-VPCP, 15 September 2026); O Mon I commercial operation December 2027, O Mon IV December 2028, O Mon II Q4 2029, O Mon III May 2030 (Can Tho Department of Industry and Trade, October 2026)

    Disciplines likely needed our inference

    • structural/topsides fabrication supervision
    • piping and E&I engineering
    • offshore installation and HUC
    • pipeline engineering
    • commissioning (gas processing, power)
    • project controls/planning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. McDermott, PTSC Consortium Receives Limited Letter of Award for Block B Gas Development Project Offshore VietnamMcDermott (company newsroom) · 2023-10-31
    2. PTSC commences construction of LQM and LQU for the Vietnam Block B Gas ProjectPTSC (company news) · 2025-08
    3. Vietnam's gas-to-power project moves forward with planned investment nearing $12 billionOffshore Energy (trade press) · 2024-06-04
    4. Vietnam aims to fuel 3 power plants with Block B gas: PMThe Investor (Vietnam) · 2024-05-13
    5. Chuỗi dự án khí - điện Lô B - Ô Môn: Tiến độ của một mắt xích không thể tách khỏi toàn ChuỗiNăng lượng Việt Nam (Vietnam Energy Association journal) · 2026-09-22
    6. Chuỗi dự án khí - điện Lô B - Ô Môn và lịch tiến độ tích hợp các dự án thượng nguồn, trung nguồn, hạ nguồnNăng lượng Việt Nam · 2026-09-24
    7. Cần Thơ: Dòng khí Lô B dự kiến về năm 2027, các nhà máy Ô Môn vận hành từ cuối 2028Báo Xây dựng (Ministry of Construction newspaper) · 2026-10-01

    Position on the globe: 7.90°N 103.20°E. Location approximate: Blocks B, 48/95 and 52/97 in the Malay–Tho Chu basin, southwest Vietnam continental shelf, ~77 m water depth, 300+ km offshore Ca Mau; gas piped ~400 km to the O Mon power complex at Can Tho. Exact CPP location not published in sources checked.

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