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Texas LNG signs venture agreement with Technip and Samsung

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Texas LNG Brownsville has executed an agreement with Technip Energies USA and Samsung Engineering to lead the delivery of a new LNG facility via a joint venture.
This is for a four million tonnes per annum LNG export terminal to be constructed in the Port of Brownsville, Texas owned by Glenfarne Group.
Technip Energies, a leading technology and global engineering, procurement, construction and project management company that has delivered more than 20% of worldwide operating LNG capacity, will partner with Samsung Engineering, a global engineering, procurement, construction and project management firm who also holds a minority equity interest in Texas LNG.
Under a project financeable structure, the two companies will be responsible for all facets of the liquefaction facility’s delivery including engineering, construction coordination, start-up, and commissioning.
“We’re proud to have selected such preeminent businesses as Technip Energies and Samsung Engineering to build our Texas LNG export facility,” said Glenfarne CEO and founder Brendan Duval. “With the help of these partners, Texas LNG will be one of the cleanest LNG export facilities in the world, powered by renewable energy and providing access to secure energy supply for economies across the world.”
“We’re looking forward to supporting Texas LNG in its promise to provide environmentally-responsible, clean natural gas using our all electric, emissions free, SnapLNG™ design to its customers around the world,” said Loic Chapuis, SVP gas and low carbon energies, Technip Energies. “Our team of world-class LNG project engineers, working jointly with Samsung Engineering, will ensure that the facility will be capable of safe, reliable, and efficient natural gas export to global markets.”
“Our team is excited to partner with Technip Energies and leverage our combined capabilities to drive the successful completion of this important project,” said Cheonhong Park, EVP and head of solution business division of Samsung Engineering. “The combined resources of our two leading companies will be able to deliver excellence to Texas LNG and its global customers.”