#USA #McDermott #Golden Pass LNG #Chiyoda #Sabine Pass

McDermott and Chiyoda Join Forces for Golden Pass LNG

In a significant development within the energy sector, McDermott International, alongside its joint venture partner Chiyoda International Corporation (CIC), has executed a contract amendment with Golden Pass LNG Terminal LLC. This amendment pertains to the completion of Trains 2 and 3 of the Golden Pass LNG Project located in Sabine Pass, Texas.

The latest contract amendment serves as a follow-up to an earlier agreement made in November 2024, which focused on the engineering, procurement, and construction (EPC) of Train 1. In June 2025, all parties involved reached a consensus on essential terms for progressing on the subsequent trains. Under this revised agreement, McDermott will maintain leadership as the primary partner in the joint venture, overseeing the construction of three LNG trains, each designed for an output of approximately 6.0 million tons per annum (MTPA).

Michael McKelvy, President and CEO of McDermott, expressed optimism regarding the collaborative efforts with Golden Pass LNG and Chiyoda. He stated, “We remain committed to working closely with our partners to complete this important energy infrastructure project.” McKelvy underscored the shared goal of leveraging their combined expertise to ensure that the project is executed safely and efficiently.

The project not only marks an advancement in energy infrastructure but serves as a substantial local job creator. At its peak, it will provide employment opportunities for around 9,000 individuals during the construction phase, and over 300 positions will be sustained once the facility becomes operational. This aspect of the project emphasizes McDermott's commitment to not only advancing energy innovations but also contributing positively to the local economy and community development.

About McDermott

McDermott is recognized as a leading, integrated provider of engineering and construction solutions dedicated to the energy industry. The company's innovative approach aims to responsibly harness global energy resources and transform them into essential products for consumers worldwide. With operations spanning over 30 countries, McDermott employs a workforce of more than 30,000 and utilizes a diverse fleet of specialized marine construction vessels and fabrication facilities. Their mission is to enhance global energy infrastructure while fostering a more sustainable future for the planet. For further insights, you can visit McDermott's official website.

The Path Ahead

As the project furthers its development, McDermott and Chiyoda's partnership exemplifies the need for collaborative efforts in tackling the ever-evolving challenges in the energy landscape. By focusing on safety, efficiency, and community empowerment, they are setting a precedent in how large-scale energy projects can generate not just energy but also economic vitality. Moving forward, the industry will be watching closely as tasks related to Trains 2 and 3 are undertaken, hoping for milestones that reflect successful execution and timely completion.

Stakeholders will also need to remain cognizant of the risks associated with forward-looking projects of this scale. McDermott has transparently acknowledged the potential uncertainties involved in completing the project, including market fluctuations, contract modifications, and the availability of skilled labor.

In summary, the amendment signed between McDermott, CIC, and Golden Pass LNG represents a crucial step toward enhancing the energy infrastructure in Texas, showcasing both corporate commitment and regional development potential. As the teams move forward, the hope is clear: to achieve not just project success but also substantial long-term benefits for the local workforce and community.