← Back to Newsenergy
CB&I Secures Multimillion-Dollar LNG Storage Contract for Major Louisiana Export Project
By MGN Editorial•June 1, 2026 at 06:00 PM
CB&I has been awarded a multimillion-dollar contract to design and build multiple LNG storage tanks for a $13 billion export terminal under development in Louisiana, marking a significant milestone for US LNG infrastructure expansion.
## CB&I Wins LNG Storage Deal for $13 Billion Louisiana Export Terminal
CB&I, the storage facilities and terminal specialist owned by a consortium of financial investors led by Mason Capital Management, has secured a multimillion-dollar contract for the design and construction of multiple liquefied natural gas (LNG) storage tanks, according to Offshore Energy.
The assignment is tied to a $13 billion LNG export project currently under development in Louisiana, underscoring continued momentum in US LNG infrastructure investment as global demand for American natural gas exports remains robust.
CB&I is a well-established name in the engineering and construction of cryogenic storage systems, and its selection for this project reflects the technical complexity involved in large-scale LNG terminal development. LNG storage tanks of this nature require specialist expertise in materials engineering, insulation systems, and safety compliance — areas where CB&I has a long track record across domestic and international projects.
### US LNG Expansion Continues
The Louisiana project is among several large-scale LNG export terminals in various stages of development along the US Gulf Coast, as American producers and project developers seek to capitalise on sustained international demand, particularly from European and Asian buyers looking to diversify away from Russian pipeline gas.
Contracts of this scale — covering critical storage infrastructure — are typically awarded well in advance of final investment decisions or construction commencement, signalling that the project's backers are advancing development with confidence.
The financial terms of the CB&I contract were not disclosed, though the designation 'multimillion-dollar' indicates a substantial scope of work consistent with the scale of the broader $13 billion terminal development.
### Infrastructure Investment Signal
The award adds to a growing pipeline of LNG-related engineering and construction activity in the United States. For maritime industry stakeholders — including LNG carrier operators, terminal logistics providers, and bunkering infrastructure developers — the progression of new US export capacity represents a long-term driver of LNG shipping demand and port activity along the Gulf Coast.
Further details on the project timeline and capacity are expected as the development advances through regulatory and financing stages.
#LNG#LNG export terminal#CB&I#Louisiana#LNG storage#US LNG#offshore energy#terminal construction#natural gas infrastructure
Related Articles
Offshore Sector Roundup: Banks Tighten Grip on Havila Shipping as ADNOC Drilling Lands $315m Kuwait Contracts
Norwegian offshore vessel owner Havila Shipping faces renewed enforcement action from three major lenders over a $78m debt dispute, while ADNOC Drilling secures a pair of lucrative offshore rig contracts in Kuwait worth up to $315m.
Nov 9, 2026
National Energy Services Reunited Posts Strong Q3 2026 Results, Revenue Surges 70.9% Year-Over-Year
National Energy Services Reunited Corp. reported third quarter 2026 revenue of $504.7 million, a 70.9% increase year-over-year, alongside a declared cash dividend of $0.10 per share.
Nov 9, 2026
Energy Sector Posts Strong Q3 2026 Results as Infrastructure Investment Drives Growth
Major North American energy companies reported robust third-quarter 2026 earnings, with Enbridge commissioning over $3 billion in gas transmission infrastructure and Vistra posting more than 50% EBITDA growth, signalling continued momentum in energy supply chains relevant to maritime fuel and cargo markets.
Nov 6, 2026
Caterpillar Construction Industries Chief to Address Investors at Bernstein Fireside Chat
Caterpillar Inc. Group President of Construction Industries Rod Shurman is set to participate in an investor fireside chat hosted by Bernstein analyst Chad Dillard on November 17, offering insight into the heavy equipment giant's construction sector outlook.
Nov 6, 2026
ERAYAK Advances Hybrid Power Strategy with Tri-Fuel Generator as Ruike Facility Nears Completion
Chinese power solutions manufacturer ERAYAK Power Solution Group is pushing forward its hybrid energy roadmap, with a new 16 kW tri-fuel inverter generator approaching pilot production as its Ruike manufacturing facility enters final acceptance.
Nov 6, 2026